Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 40 U.K. Penalties: amendments of Schedule 24 to FA 2007

5 (1) Paragraph 3 (degrees of culpability) is amended as follows U.K.

(2) In sub-paragraph (1)—

(a) for “Inaccuracy in” substitute “ For the purposes of a penalty under paragraph 1, inaccuracy in ”, and

(b) after “is deliberate” (in both places) insert “ on P's part ”.

(3) In sub-paragraph (2), after “deliberate” insert “ on P's part ”.

Commencement Information

I1 Sch. 40 para. 5 in force at 1.4.2009 by S.I. 2009/571, art. 2