CH29860 - Data gathering: Penalties: Other penalty issues: Overview

A penalty assessment for failing to comply with a data-holder notice is enforced as if it were an assessment of income tax.

The Treasury has the power to change the amount of the

• initial fixed penalty
• daily default penalty
• increased daily default penalty, and
• penalty for inaccurate information or documents.

Any changes to these amounts will be made by regulations.

We cannot charge a penalty for failing to comply with a data-holder notice if the data-holder has been convicted of an offence connected to the failure.

FA11/SCH23