EIM47196 - Finance (No 2) Act 2017: part 3A: 2019 loan charge reporting requirement: loan charge information: para 35F: penalties

A person who fails to provide loan charge information is liable to a penalty of £300. If the failure to provide information continues after the date when such a penalty is imposed, the person is liable to further penalties not exceeding £60 for each subsequent day, up to a maximum of 90 days, that the failure continues.