Paragraph 23 Assessment of penalties

United Kingdom

(1)

Where a person becomes liable to a penalty under paragraph 20—

(a)

HMRC may assess the penalty, and

(b)

if they do so, HMRC must notify the person of the assessment.

(2)

An assessment of a penalty under paragraph 20 may not be made—

(a)

more than 6 months after the failure to give the notification in accordance with paragraph 8(2)(a) or (b) (as the case may be) first comes to the attention of an officer of Revenue and Customs, or

(b)

more than 6 years after the end of the financial year in which the notification should have been given.