A4.560 Late payment penalties—harmonised regime

Administration and compliance

A4.560 Late payment penalties—harmonised regime

Late payment penalties

A4.560 Late payment penalties—harmonised regime

A harmonised penalty regime is partly in effect for late payment of tax. It was intended that this would replace with a single system all previous provisions penalising late payment1.

However, given that a new late payment penalty system is proposed (see below), it is perhaps unlikely that those taxes so far omitted from the harmonised regime will now be brought within its ambit. Corporation tax and inheritance tax are notable current omissions from the harmonised regime.

Whilst the harmonised regime is broadly aligned across the taxes to which it applies, the rules are modified for taxes and deductions collected through the PAYE system or under the construction industry scheme regulations and for the apprenticeship levy; the amount of the penalty in these

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