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Section 241 Assessment of financial penaltiesI1I2I3

United Kingdom

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

(1)

Where a person becomes liable to a penalty under section 234, 235 or 238, an authorised officer of Revenue and Customs must—

(a)

assess the penalty, and

(b)

notify the person.

(2)

A notice under subsection (1) may relate to more than one contravention by the person.

(3)

A notice under subsection (1) must state—

(a)

the date on which it is issued;

(b)

each contravention in respect of which the penalty is assessed;

(c)

the amount of the penalty;

(d)

the period within which an appeal against the assessment may be made.

(4)

Before assessing a tax adviser to a penalty under section 234, 235 or 238, the authorised officer must—

(a)

notify the person of the fact that the officer considers the person is liable to the penalty, and

(b)

allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.

Annotations

Commencement

I1

S. 241 not in force at Royal Assent, see s. 249(2)

I2

S. 241 in force at 14.7.2026 for specified purposes by S.I. 2026/807, reg. 3

I3

S. 241 in force at 18.8.2026 for specified purposes by S.I. 2026/807, reg. 4(1)(a) (with reg. 5)