Corporation Tax Act 2010 (c. 4)

Part 23 Company distributions

Chapter 6 Information and returns: further provisions

Companies and nominees required to provide tax certificates

1107 Penalties

(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.