102.This section inserts a new section 216L into the Revenue Scotland and Tax Powers Act 2014, creating a penalty in relation to the levy where a person who fails to notify Revenue Scotland, that the person has ceased to be eligible to be treated as part of a group of corporate bodies, as is required under section 28(1) of this Act. The applicable penalty is a flat rate penalty of £500.
Commentary on Provisions Part 5 – Penalties Section 42: Failure to notify change to group treatment application or notification