DST65500 | Failure to Keep and Preserve Records

The Responsible Member in a DST group has a duty to keep and preserve such records as may be needed to enable it to deliver a correct and complete DST return, see DST56000.

A penalty up to £3,000 may be charged for each failure to keep or to preserve adequate records in respect of a return under FA20/SCH8/PART9/PARA55

The Responsible Member will have a 30-day period to pay the penalty from the point at which the penalty is raised.