V19.132 Penalties1There are four types of penalties that HMRC can levy in respect of APD. (1) Fixed penalty chargeable at £250 for each offence and is applied to: (a) failure to notify a material change in the business for example changes in the legal entity (b) failure to appoint a fiscal representative and notify HMRC of the appointment (c) failure to provide security if required to do so (d) failure to render a return plus £20 per day for everyday thereafter until return is submitted (2) Geared penalty (1) – 5% of duty or £250 whichever is greater
There are four types of penalties that HMRC can levy in respect of APD.
(1) Fixed penalty chargeable at £250 for each offence and is applied to:
(a) failure to notify a material change in the business for example changes in the legal entity
(b) failure to appoint a fiscal representative and notify HMRC of the appointment
(c) failure to provide security if required to do so
(d) failure to render a return plus £20 per day for everyday thereafter until return is submitted
(2) Geared penalty (1) – 5% of duty or £250 whichever is greater
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