Finance (No. 2) Act 2023 · Updated to 29 Dec 2023 · Chapter 17
235. Recovery of penalties imposed under Part XI
Feedback & supportSpecial penalties imposed under subsection 225(2), 227(1)
or 228(1) shall be recoverable in the same way as fines imposed on conviction.
Finance (No. 2)
Any penalty imposed on any natural person or
Constituent Entity under subsection 225(5) or 227(2) shall be collected as if it were part of the tax payable by that natural person or Constituent Entity, but shall not be treated as tax so payable for the purposes of any provision of this Act other than sections 220 to 222.
Constituent Entity
“Constituent Entity” means— (a) any Entity that is included in a Group; or (b) any Permanent Establishment of a Main Entity that is within paragraph (a) and which is treated as separate from the Main Entity and any other Permanent Establishment of that Main Entity, but does not include an Excluded Entity;