PART 5PENALTIES
CHAPTER 1OVERVIEW
117Overview of Part
1
This Part makes provision about penalties relating to devolved taxes, including—
a
penalties relating to failures to make tax returns or to pay devolved tax F1or amounts payable in respect of tax credits,
b
penalties relating to inaccuracies,
c
penalties relating to record-keeping and reimbursement arrangements, and
d
penalties relating to investigations.
2
It includes provision about—
a
the circumstances which liability to those penalties arises,
b
the amounts of those penalties,
c
the circumstances in which liability to those penalties may be suspended or the amounts of those penalties may be reduced,
d
the assessment of those penalties, and
e
the payment of those penalties.