PART 5PENALTIES
CHAPTER 2PENALTIES FOR FAILURE TO MAKE RETURNS OR PAY TAX F1OR AMOUNTS PAYABLE IN RESPECT OF TAX CREDITS
Annotations:
Amendments (Textual)
Penalty for failure to pay tax
122AF2Further penalties for continuing failure to pay devolved tax
1
This section applies where a person is liable to a penalty under section 122 F3or 122ZA in respect of a failure to pay an amount of devolved tax on or before the penalty date for that amount.
2
If any of the amount remains unpaid after the end of the period of 6 months beginning with the day falling 30 days before the penalty date, the person is liable to a further penalty.
3
The further penalty is 5% of the amount that remains unpaid.
4
If any of the amount remains unpaid after the end of the period of 12 months beginning with the day falling 30 days before the penalty date, the person is liable to a second further penalty.
5
The second further penalty is 5% of the amount that remains unpaid.
Words in Pt. 5 Ch. 2 heading inserted (1.4.2018) by The Landfill Disposals Tax (Administration) (Wales) Regulations 2018 (S.I. 2018/101), reg. 1(2), Sch. para. 23