SCHEDULES
SCHEDULE 26Penalties for failure to pay tax
PART 2Liability to a penalty
11Power to amend figures by regulations
The Commissioners for HMRC may by regulations amend this Part of this Schedule so as to—
a
change references to 15 days (or to another number of days resulting from the previous exercise of powers under this sub-paragraph) to references to a greater or lesser number of days;
b
change references to 30 days (or to another number of days resulting from the previous exercise of powers under this sub-paragraph) to references to a greater or lesser number of days;
c
increase or reduce the percentage specified in paragraph 5(4);
d
increase or reduce the percentage specified in paragraph 5(5);
e
increase or reduce the percentage specified in paragraph 8(3).