Finance Act 2008, Paragraph 6CA is up to date with all changes known to be in force on or before 01 March 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.
[F1[F26CA(1)The penalty payable under paragraph 3A is—U.K.
(a)for a deliberate and concealed act or failure, 100% of the potential lost revenue, and
(b)for a deliberate but not concealed act or failure, 70% of the potential lost revenue.
(2)No penalty is payable under paragraph 3A in any other case.]]
Textual Amendments
F1Sch. 41 paras. 6-6D substituted for Sch. 41 para. 6 (6.4.2011) by Finance Act 2010 (c. 13), s. 35(2), Sch. 10 para. 8; S.I. 2011/975, art. 2(1) (with art. 4)
F2Sch. 41 para. 6CA inserted (with effect in accordance with s. 42(2), Sch. 12 para. 29(1) of the amending Act) by Finance Act 2018 (c. 3), Sch. 12 para. 27(5)
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