Finance Act 2009, Paragraph 16 is up to date with all changes known to be in force on or before 09 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.
16(1)Paragraph 41 (power to change amount of penalties) is amended as follows.U.K.
(2)In sub-paragraph (1), for “and 40(2)” substitute “ , 40(2) and 40A(5) ”.
(3)In sub-paragraph (2)—
(a)after “(1)” insert “ , in relation to a specified sum, ”, and
(b)in paragraph (b), insert at the end “in relation to that sum”.
(4)In sub-paragraph (3)—
(a)after “to” insert “—
(a)”, and
(b)insert at the end “, or
(b)an inaccuracy in any information or document provided to HMRC before that date.”
(5)Accordingly, in the heading omit “standard and daily default”.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
