Commentary

A4.584 Penalties and company officers

Administration and compliance

A4.584 Penalties and company officers

A4.584 Penalties and company officers

Where a company becomes liable to a penalty for an inaccuracy in a document or failure to notify1 arising from deliberate misconduct attributable to the actions of one of its officers, HMRC may impose a penalty on the company but also claim against the officer at fault. HMRC may specify by notice in writing to the officer or member in question that they are liable to pay all or part of the penalty that would otherwise be eligible from the company or LLP2. HMRC may not recover more than 100% of a penalty in total3.

For

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