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ECL31100 | Enforcement: Penalties: Overview of penalties

From HM Revenue & Customs · Economic Crime Levy

There are a number of instances where HMRC may decide to issue a financial penalty on a person for failure to meet their ECL requirements. The reasons will be outlined subsequent pages.

Penalty Notices

Where HMRC imposes a penalty on a person for failing to meet their ECL requirements, HMRC must give the person notice of this penalty (“a penalty notice”), which must include:

  1. The amount of the financial penalty.

  2. The period for payment of the penalty.

  3. The information about the ability of the person to request a review, and

  4. The right of appeal and the time limit within which the appeal must be brought to the tribunal (see ECL33000)

A penalty notice may be withdrawn by HMRC by giving notice in writing to the person to whom the penalty notice was given.