Part 3 Penalties for breach of obligations

United Kingdom

1. 11Penalties for late reports
2. 12Penalties for failure to provide information to reportable sellers
3. 13Penalties for failure to provide information to HMRC
4. 14Penalties for failure to comply with record-keeping requirements
5. 15Penalties for failure to notify
6. 16Penalties for failure to apply due diligence procedures
7. 17Penalties for inaccurate or incomplete reports
8. 18Reasonable excuse
9. 19Duplication of liability to penalties
10. 20Assessment of penalties by HMRC
11. 21Time limits and treatment of penalties
12. 22Right to appeal against penalty assessments by HMRC
13. 23Procedure on appeal