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CH154160 | Penalties for Failure to Pay on Time: Rules for specific taxes: Registered Pension Scheme (RPS): Penalties: Failure to pay all or part of amounts due - total penalties

From HM Revenue & Customs · Compliance Handbook

The overall penalties for the return period are the total of

  • any initial penalty - 5% on tax unpaid at the penalty date, see CH154120,

  • any 5 month further penalty - 5% on tax unpaid 5 months after the penalty date, see CH154140, and

  • any 11 month further penalty - 5% on tax unpaid 11 months after the penalty date.

See the example at CH154180.

FA09/SCH56/PARA3