SDLTM85905 - Compliance: Penalties and Interest

Penalties

There are fixed, tax geared and daily penalties for failure to notify and sending in land transaction returns late, see SDLTM50100

There are also penalties for incorrect returns. See http://intranet.prod.dop.corp.hmrc.gov.uk/manual/compliance-handbook/ch80000 (external users can find the guidance at www.hmrc.gov.uk/manuals/chmanual/CH80000.htm).