PART VIII ADMINISTRATION AND COLLECTION
Penalties
F1245A Failure to provide information etc.
(1)
A person who fails to make a return under section 218 above shall be liable—
(a)
to a penalty not exceeding £300; and
(b)
to a further penalty not exceeding £60 for every day after the day on which the failure has been declared by a court or the F2tribunal and before the day on which the return is made.
F3(1A)
A person who fails to comply with the requirements of section 218A above shall be liable—
(a)
to a penalty not exceeding £100; and
(b)
to a further penalty not exceeding £60 for every day after the day on which the failure has been declared by a court or the F2tribunal and before the day on which the requirements are complied with.
F4(1B)
Without prejudice to any penalties under subsection (1A) above, if a person continues to fail to comply with the requirements of section 218A after the anniversary of the end of the period of six months referred to in section 218A(1), he shall be liable to a penalty of an amount not exceeding £3,000.
(2)
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)
A person shall not be liable to a penalty under subsection (1)(b) F6or (1A)(b) above if—
(a)
he makes the return required by section 218 above, F7or
F8(aa)
he complies with the requirements of section 218A above,
(b)
F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c)
F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
before proceedings in which the failure could be declared are commenced.
(5)
A person who has a reasonable excuse for failing to make a return F10or to comply with the requirements of section 218A shall not be liable by reason of that failure to a penalty under this section, unless he fails to make the return F11or to comply with those requirements without unreasonable delay after the excuse has ceased.