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Finance Act 2007
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Changes to legislation:
Finance Act 2007, Section 97 is up to date with all changes known to be in force on or before 26 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Section 97:
- Sch. 24 para. 12(5)(za) inserted by 2015 c. 11 Sch. 20 para. 6(a)
- Sch. 24 para. 21A(A1) inserted by 2015 c. 11 Sch. 20 para. 7(2)
- Sch. 24 para. 4A(A1)(1) substituted for Sch. 24 para. 4A(1) by 2015 c. 11 Sch. 20 para. 3(2)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- Sch. 24 para. 12(5)(za) inserted by 2015 c. 11 Sch. 20 para. 6(a)
- Sch. 24 para. 21A(A1) inserted by 2015 c. 11 Sch. 20 para. 7(2)
- Sch. 24 para. 4A(A1)(1) substituted for Sch. 24 para. 4A(1) by 2015 c. 11 Sch. 20 para. 3(2)
97Penalties for errorsU.K.
(1)Schedule 24 contains provisions imposing penalties on taxpayers who—
(a)make errors in certain documents sent to HMRC, or
(b)unreasonably fail to report errors in assessments by HMRC.
(2)That Schedule comes into force in accordance with provision made by the Treasury by order.
(3)An order—
(a)may commence a provision generally or only for specified purposes,
(b)may make different provision for different purposes, and
(c)may include incidental, consequential or transitional provision.
(4)The power to make an order is exercisable by statutory instrument.
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