# Finance Act 2026, Paragraph 43: Penalties under paragraphs 38 or 39: administration and supplementary provision

Extent: E+W+S+N.I.

(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.

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Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/17/paragraph/43 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-17/paragraph-43
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.