SCHEDULES
SCHEDULE 38Tax agents: dishonest conduct
PART 5Penalties: assessment etc
29Assessment of penalties
1
If a person becomes liable to a penalty under Part 3 or 4 of this Schedule, HMRC may assess the penalty.
2
But, in the case of a penalty under Part 4, they may only do so if a conduct notice has been given to the person and either—
a
the time allowed for giving notice of appeal against the determination has expired without notice of appeal being given, or
b
notice of appeal against the determination was given within the time allowed, but the appeal has been withdrawn or the determination confirmed.
3
Paragraph 7(4) applies for the purposes of sub-paragraph (2)(b).
4
If HMRC assess a penalty, they must notify the person.