»Ê¹ÚÌåÓýapp

A company that delivers its company tax return after the filing date will not incur a penalty if:

• you have allowed further time for it to deliver the return,
• it delivers the return within the time allowed for delivery of related accounts to the Registrar of Companies - see CTM94110,

In addition, you (or the Tribunal) have the power to consider a claim that there is a reasonable excuse for the late delivery of a return. When you accept a claim you do not charge a penalty. Alternatively, you will withdraw, on appeal, any penalty notice already given and repay or set off any penalty amount already paid.

»Ê¹ÚÌåÓýappre will not normally be any partial mitigation of a penalty charged under FA98/SCH18/PARAS 17 & 18. »Ê¹ÚÌåÓýappse penalties apply automatically once the company offends. »Ê¹ÚÌåÓýapp various amounts of penalty that can be charged are intended to take full account of the extent and the seriousness of the failure or delay. It follows that the penalty will be due in full or not due at all.

However, the Board has the power of mitigation under TMA70/S102. If, exceptionally, you believe that a plea of mitigation is worth consideration submit the case to »Ê¹ÚÌåÓýapp Specialist Technical Team see EM21000.