CH124700 - Offshore matters: penalties for enablers of offshore tax evasion or non-compliance: how to process the penalty assessment

Where a person is liable to a penalty HMRC must

  • assess the penalty,
  • notify the person, and
  • state in the notice the specific tax period in respect of which the penalty is assessed. This will usually be the tax year in which the underlying offence occurred.

A penalty must be paid within 30 days of the penalty being issued.

»Ê¹ÚÌåÓýapp penalty assessment is enforceable in the same way as an assessment to tax.

»Ê¹ÚÌåÓýapp penalty assessment notice also has a section explaining the appeal rights, obligations and deadlines.

Time limit for penalty assessments

A penalty assessment must be made within two years of the date HMRC became aware that conditions A and B have been met, see CH124400. In practice HMRC should issue the penalty assessment at the earliest opportunity.

For further details on processing penalties and penalty assessments, see CH403050.