Q&As

What are the penalties for late payment of the soft drinks industry levy (SDIL)?

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Published on LexisPSL on 30/10/2019

The following Tax Q&A provides comprehensive and up to date legal information covering:

  • What are the penalties for late payment of the soft drinks industry levy (SDIL)?
  • Penalties for late payment
  • Elimination and reduction of the penalties

What are the penalties for late payment of the soft drinks industry levy (SDIL)?

Penalties for late payment

A person who is subject to the Soft Drinks Industry Levy (SDIL) must make returns for the purposes of SDIL for each three-month period ending 31 March, 30 June, 30 September and 31 December. The return and the payment of SDIL is due within 30 days of the end of each accounting period.

The SDIL late payment penalties fall into the harmonised regime under Schedule 56 to the Finance Act 2009. If the person fails to make the payment in full on time, it is liable to a penalty of 5% of the unpaid levy.

If the levy is still not paid after:

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