Section 531Z Penalties

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Amendments

Section 531Z inserted by Finance (No. 2) Act 2008 section 3(1)(a) from 1 January 2009.

(1) Where an employer fails to—

(a) deduct or remit the parking levy in accordance with section 531V(1),

(b) keep records in accordance with section 531X(1), or

(c) include the details referred to in paragraphs (a) and (b) of section 531Y(4) on the form which is required to be sent to the Collector-General under Regulation 31 of the PAYE Regulations,

that person shall be liable to a penalty of €3,000.

As an employer, what penalties am I liable to in relation to the parking levy?

(1) You are liable to a penalty of €3,000 if:...

to read the full commentary

(2) Where a person to whom section 531X(2) applies fails to—

(a) keep records in accordance with paragraphs (a) and (b)(ii) of that section, or

(b) provide details to an employer in accordance with paragraph (b)(i) of that section,

that person shall be liable to a penalty of €3,000.

As a parting provider, what penalties am I subject to?

(2) You are liable to a penalty of €3,000 if you do not:...

to read the full commentary

(3) Subsections (3) and (4) of section 987 apply to the penalties provided for in subsections (1) and (2) of this section as they apply to the penalties provided for in section 987.

What happens in court proceedings?

(3) The penalties for breach of PAYE regulations apply.