Commentary

A7.332 Serial tax avoidance—compliance with warning notices

Administration and compliance

A7.332 Serial tax avoidance—compliance with warning notices

A7.332 Serial tax avoidance—compliance with warning notices

A person who has been given a warning notice (including an associated person) must give HMRC a written information notice for each reporting period within the warning period. The notice must be given within 30 days of the end of the reporting period to which it relates1. The first reporting period commences on the first day of the warning period, and ends on a day specified by HMRC. The subsequent period commences on the following day and lasts for 12 months. Further reporting periods follow the same cycle, with final reporting period ending at the end of the warning period2.

Example

HMRC give a warning

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