SCHEDULES

SCHEDULE 10Stamp duty land tax: returns, enquiries, assessments and appeals

Part 1Land transaction returns

Failure to deliver return: flat-rate penalty

3

1

A person who is required to deliver a land transaction return and fails to do so by the filing date is liable to a flat-rate penalty under this paragraph.

He may also be liable to a tax-related penalty under paragraph 4.

2

The penalty is—

a

£100 if the return is delivered within three months after the filing date, and

b

£200 in any other case.