DST65000 | Penalties

There are five types of penalties that may be raised against a DST customer. These are outlined below:

• Failure to Notify (FA08/SCH41),

• Failure to Deliver Return (FA20/SCH8/PART9),

• Failure to Keep and Preserve Records (FA20/SCH8/PART3),

• Penalties for Inaccuracies (FA07/SCH24), and

• Failure to Comply with a Request for Information (FA08/SCH36),

The Responsible Member of the group is responsible for many of the obligations that fall upon a group and will be liable to the penalty should these obligations not be met. More guidance on the Responsible Member can be found here, DST50000.