Paragraph 28 F1

(1)

Where a person becomes liable for a penalty under paragraph 25 or 26—

(a)

HMRC may assess the penalty, and

(b)

if they do so, they must notify the person.

(2)

An assessment of a penalty under paragraph 25 must be made before 1 October 2021.

(3)

An assessment of a penalty under paragraph 26 must be made before 1 October 2023.

Annotations

F1: Sch. 12 paras. 21-30 and cross-headings inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 2 para. 1