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Paragraph 43 Penalties under paragraphs 38 or 39: administration and supplementary provision

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Sub-paragraph (2) applies where—

(a)

an officer of Revenue and Customs assesses a person to an amount of penalty under paragraph 42(1) or (3), and

(b)

the person is also assessed under Part 9 of this Schedule for an accounting period to which the conduct attracting the penalty relates.

(2)

The assessments under paragraph 42(1) or (3) and under Part 9 of this Schedule may be combined and notified to the person as one assessment.

(3)

A notice of a combined assessment under sub-paragraph (2) must separately identify the penalty being assessed.