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Contents

Official guidance
International Exchange of Information Manual

IEIM905100 · Overview of Penalties

  • IEIM905110 · Penalties for Late Reports
  • IEIM905120 · Penalties for Failure to Provide Information to Reportable Sellers
  • IEIM905130 · Penalties for Failure to Provide Information to HMRC
  • IEIM905140 · Failure to Comply with Record-Keeping Requirements
  • IEIM905150 · Penalties for Failure to Notify
  • IEIM905160 · Penalties for Failure to Apply Due Diligence Procedures
  • IEIM905170 · Reporting of Incorrect and/or Incomplete Information
  • IEIM905180 · Duplication of Penalties
  1. Overview of Penalties
  2. Penalties for Failure to Notify

IEIM905150 | Penalties for Failure to Notify

From HM Revenue & Customs · International Exchange of Information Manual

Platform Operators (POs) must notify HMRC (see IEIM903200) if they are a Reporting Platform Operator (RPO) or an Excluded Platform Operator (EPO).

A failure to comply with notification requirements may result in a penalty of up to £1,000.

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