[CH62240] Penalties for failure to file on time: types of penalties for failure to file on time: occasional returns and returns for periods of 6 months or more: 12 month further penalties: amount of penalties
This page currently only applies to returns required for income tax, capital gains tax, bank payroll tax, the registered pension schemes legislation, annual tax on enveloped dwellings and stamp duty reserve tax. It does not apply to the Construction Industry Scheme (CIS), see CH62300+.
Once you have examined the behaviour of the person, see CH62200, and concluded whether the withholding of information was
•deliberate and concealed
•deliberate but not concealed, or
you charge the 12 month further penalty at the appropriate percentage as follows.