SuspensionU.K.
14(1)HMRC may suspend all or part of a penalty for a careless inaccuracy under paragraph 1 by notice in writing to P.U.K.
(2)A notice must specify—
(a)what part of the penalty is to be suspended,
(b)a period of suspension not exceeding two years, and
(c)conditions of suspension to be complied with by P.
(3)HMRC may suspend all or part of a penalty only if compliance with a condition of suspension would help P to avoid becoming liable to further penalties under paragraph 1 for careless inaccuracy.
(4)A condition of suspension may specify—
(a)action to be taken, and
(b)a period within which it must be taken.
(5)On the expiry of the period of suspension—
(a)if P satisfies HMRC that the conditions of suspension have been complied with, the suspended penalty or part is cancelled, and
(b)otherwise, the suspended penalty or part becomes payable.
(6)If, during the period of suspension of all or part of a penalty under paragraph 1, P becomes liable for another penalty under that paragraph, the suspended penalty or part becomes payable.
Commencement Information
I1Sch. 24 para. 14 in force at 1.4.2008 for certain purposes, 1.7.2008 for certain purposes, 1.1.2009 for certain purposes, and 1.4.2009 in so far as not already in force by S.I. 2008/568, art. 2 (with art. 3)