SCHEDULES

SCHEDULE 24Penalties for failure to make returns etc

PART 1Introduction

Returns

I1I22

1

The Table identifies, for each item listed in column 1 of the Table, one or more groups of returns (according to the frequency with which returns are required to be made).

Item

Tax

Groups of returns

Column A (groups of annual etc returns)

Column B (groups of quarterly etc returns)

Column C (groups of monthly etc returns)

1

Income tax or capital gains tax (persons other than trustees or partnerships)

This group applies where there is no requirement to provide information under regulations under paragraph 7 of Schedule A1 to TMA 1970.

  1. 1

    Return under section 8 of TMA 1970

  2. 2

    Accounts, statement or document required under section 8(1AB)(b) of TMA 1970

This group applies where there is a requirement to provide information under regulations under paragraph 7 of Schedule A1 to TMA 1970.

  1. 1

    Return under section 8 of TMA 1970

  2. 2

    Accounts, statement or document required under section 8(1AB)(b) of TMA 1970

  3. 3

    Statement under regulations under paragraph 8 of Schedule A1 to TMA 1970

  4. 4

    Information required to be provided under regulations under paragraph 7 of Schedule A1 to TMA 1970

-

2

Income tax or capital gains tax (trustees)

This group applies where there is no requirement to provide information under regulations under paragraph 7 of Schedule A1 to TMA 1970.

  1. 1

    Return under section 8A of TMA 1970

  2. 2

    Accounts, statement or document required under section 8A(1AB)(b) of TMA 1970

This group applies where there is a requirement to provide information under regulations under paragraph 7 of Schedule A1 to TMA 1970.

  1. 1

    Return under section 8A of TMA 1970

  2. 2

    Accounts, statement or document required under section 8A(1AB)(b) of TMA 1970

  3. 3

    Statement under regulations under paragraph 8 of Schedule A1 to TMA 1970

  4. 4

    Information required to be provided under regulations under paragraph 7 of Schedule A1 to TMA 1970

-

3

Income tax or corporation tax (partnerships)

This group applies where there is no requirement to provide information under regulations under paragraph 7 of Schedule A1 to TMA 1970.

  1. 1

    Return under section 12AA(2)(a) or (3)(a) of TMA 1970

  2. 2

    Accounts, statement or document required under section 12AA(2)(b) or (3)(b) of TMA 1970

This group applies where there is a requirement to provide information under regulations under paragraph 7 of Schedule A1 to TMA 1970.

  1. 1

    Return under regulations under paragraph 10 of Schedule A1 to TMA 1970

  2. 2

    Information required to be provided under regulations under paragraph 7 of Schedule A1 to TMA 1970

-

4

Value added tax

1

Return under regulation 50 of the Value Added Tax Regulations 1995 (S.I. 1995/2518) for a current accounting year

2

Return under regulation 25(1)(c) of those regulations for a period which is more than 20 weeks, and is the period for which returns are (or are to be) usually made by the person in question

1

Return under regulation 25(1) of the Value Added Tax Regulations 1995 (S.I. 1995/2518), other than a return under regulation 25(1)(a), (b) or (c)

2

Return under regulation 25(1)(c) of those regulations for a period which is more than 8 weeks but not more than 20 weeks, and is the period for which returns are (or are to be) usually made by the person in question

1

Return under regulation 25(1)(a) of the Value Added Tax Regulations 1995 (S.I. 1995/2518)

2

Return under regulation 25(1)(c) of those regulations for a period which is not more than 8 weeks, and is the period for which returns are (or are to be) usually made, or a period for which returns are (or are to be) regularly made, by the person in question

2

Where an entry in column A, B or C of the Table which refers to legislation uses terms used in the legislation, the terms have the same meaning in the entry as in the legislation.

3

Before the coming into force of paragraph 3 of Schedule 14 to F(No.2)A 2017, the references in the Table to section 8(1AB)(b) of TMA 1970 are to be read as references to section 8(1)(b) of TMA 1970.

4

Before the coming into force of paragraph 4 of Schedule 14 to F(No.2)A 2017, the references in the Table to section 8A(1AB)(b) of TMA 1970 are to be read as references to section 8A(1)(b) of TMA 1970.