13 December 2021
Find out about penalties for registering, submitting returns, and paying the levy late, and how to appeal a penalty.
If you register late
If you register late, HMRC may charge you a penalty.
The penalty will be calculated as a percentage of the 'potential lost revenue'. This is a percentage of the amount of the levy which is unpaid because of the failure to notify. When working out the amount of the penalty we will also consider what caused the failure and whether you have disclosed the failure before we discovered it.
You will not be charged a penalty If the failure was non-deliberate and you have a reasonable excuse.
You can find more information about failure to notify penalties in this factsheet Compliance checks series – CC/FS11.
In certain circumstances, if you do not register when you should, there is evidence of serious non-compliance and you do not have a reasonable excuse, you'll be committing an offence. If convicted, you could face a prison term of
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 14:37