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Textual Amendments
F1Sch. 2B inserted (26.3.2015) by Finance Act 2015 (c. 11), s. 54(5)(8)
5(1)If the Commissioners think it right because of special circumstances, they may reduce a penalty under this Schedule.U.K.
(2)In sub-paragraph (1) βspecial circumstancesβ does not include ability to pay.
(3)In sub-paragraph (1) the reference to reducing a penalty includes a reference toβ
(a)staying a penalty, and
(b)agreeing a compromise in relation to proceedings for a penalty.]