# The International Controlled Transaction Reporting Regulations 2026, Regulation 25: Procedure on appeal against penalty


(1) Notice of an appeal under regulation 24 must be given—
(a) in writing,
(b) before the end of the period of 30 days beginning with the date on which notification under regulation 23(2) was issued, and
(c) to an officer of Revenue and Customs.
(2) It must state the grounds of appeal.
(3) On an appeal under regulation 24(a) that is notified to the tribunal, the tribunal may confirm or cancel the assessment.
(4) On an appeal under regulation 24(b) that is notified to the tribunal, the tribunal may—
(a) confirm the assessment, or
(b) substitute another assessment that the officer of Revenue and Customs had power to make.
(5) Subject to this regulation, the provisions of Part 5 of the TMA 1970 have effect in relation to appeals under these regulations as they have effect in relation to an appeal against an assessment to corporation tax.

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Source: https://www.legislation.gov.uk/uksi/2026/1156/regulation/25 (the official version)
Page: https://openlegislation.uk/international-controlled-transaction-reporting-regulations-2026/regulation-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.