Commentary

A7.248A Accelerated payments—consequences of a notice

Administration and compliance

A7.248A Accelerated payments—consequences of a notice

A7.248A Accelerated payments—consequences of a notice

HMRC has the power to issue an accelerated payment notice (APN) to any taxpayer for whom there is an open enquiry, or a matter is under appeal where certain conditions are met1.

The regime applies to income tax, capital gains tax, corporation tax (including amounts chargeable as or treated as corporation tax), the apprenticeship levy, inheritance tax, stamp duty land tax, annual tax on enveloped dwellings (ATED)2.

For an overview of the APN provisions, including the conditions that must be met for one to be issued, see A7.248. For a discussion of the APN provisions as they apply to partners in partnership, see A7.248C.

This article discusses the consequences of the issue of an APN.

Consequences of an APN

The taxpayer must pay the amount specified in the APN (see A7.248) within the payment period, which will

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