»Ê¹ÚÌåÓýapp

Example

Two qualifying relevant penalties, see CH190700, arise from a compliance check into Georgina’s VAT returns. One relates to the tax period 09/13 and has a qualifying PLR, see CH190720, of £17,000 and one relates to the tax period 03/14 with a qualifying PLR of £18,000. We issue penalty assessments on 1 October 2014.

Tax period 09/13 - Georgina does not appeal against this penalty assessment. »Ê¹ÚÌåÓýapp qualifying relevant penalty becomes final on 31 October 2014. This is the day after the 30-day appeal period expires.

Of course, if Georgina makes an application for a late appeal after 31 October 2014, and we accept her application, the penalty will become final when the appeal is finally determined.

At 31 October 2014, the qualifying PLR is £17,000.

Tax period 03/14 - Georgina appeals against this assessment. »Ê¹ÚÌåÓýapp tribunal hears the appeal on 20 April 2015 and finds against Georgina at the hearing. Georgina applies for permission to appeal to the Upper Tribunal. »Ê¹ÚÌåÓýapp tribunal refuses permission on 4 June 2015. »Ê¹ÚÌåÓýapp qualifying relevant penalty becomes final on 4 June 2015.

On 4 June 2015, the qualifying PLR becomes £35,000.