SCHEDULES
SCHEDULE 16Penalties for enablers of defeated tax avoidance
PART 6Assessment of penalty
Assessment of penalty
20
1
A penalty under paragraph 1 must be paid before the end of the period of 30 days beginning with the day on which notification of the penalty is issued.
2
An assessment of a penalty under paragraph 1—
a
is to be treated for procedural purposes in the same way as an assessment to tax (except in respect of a matter expressly provided for by this Schedule), and
b
may be enforced as if it were an assessment to tax.