Part 23Company distributions
Chapter 6Information and returns: further provisions
Companies and nominees required to provide tax certificates
1107Penalties
(1)
A person who fails to comply with section 1104(2) or (3) or section 1105(2) or (3) is liable to a penalty of £60 for each offence.
(2)
But, in respect of offences connected with any one distribution of dividends or interest, the total amount of any penalties imposed on a person under subsection (1) must not exceed £600.