Finance Act 2013

[F1 8 (1) Sub-paragraph (3) applies where— U.K.

(a) two or more penalties are incurred by the same person and fall to be determined by reference to an amount of tax to which that person is chargeable,

(b) one of those penalties is incurred under section 212A [F2 or 212B (as the case may be)], and

(c) one or more of the other penalties are incurred under a relevant penalty provision.

(2) But sub-paragraph (3) does not apply if section 212(2) of FA 2014 (follower notices: aggregate penalties) applies in relation to the amount of tax in question.

(3) The aggregate of the amounts of the penalties mentioned in subsection (1)(b) and (c), so far as determined by reference to that amount of tax, must not exceed—

(a) the relevant percentage of that amount, or

(b) in a case where at least one of the penalties is under paragraph 5(2)(b) of, or sub-paragraph (3)(b), (4)(b) or (5)(b) of paragraph 6 of, Schedule 55 to FA 2009 [F3 , or sub-paragraph (3)(b) or (5)(b) of paragraph 3 or paragraph 20(4) of Schedule 25 to FA 2021], £300 (if greater).

(4) In the application of section 97A of TMA 1970 (multiple penalties) no account shall be taken of a penalty under section 212A [F4 or 212B].

(5) “Relevant penalty provision” means—

(a) Schedule 24 to FA 2007 (penalties for errors),

(b) Schedule 41 to FA 2008 (penalties: failure to notify etc),

(c) Schedule 55 to FA 2009 (penalties for failure to make returns etc), [F5 or]

(d) Part 5 of Schedule 18 to FA 2016 (penalty under serial tax avoidance regime)[F6 , or

(e) Schedule 25 to FA 2021 (penalties for deliberately withholding information).]

(6) “The relevant percentage” means—

(a) 200% in a case where at least one of the penalties is determined by reference to the percentage in—

(i) paragraph 4(4)(c) of Schedule 24 to FA 2007,

(ii) paragraph 6(4)(a) of Schedule 41 to FA 2008, [F7 or]

(iii) paragraph 6(3A)(c) of Schedule 55 to FA 2009, [F8 or

(iv) paragraph 3(4)(c) of Schedule 25 to FA 2021,]

(b) 150% in a case where paragraph (a) does not apply and at least one of the penalties is determined by reference to the percentage in—

(i) paragraph 4(3)(c) of Schedule 24 to FA 2007,

(ii) paragraph 6(3)(a) of Schedule 41 to FA 2008, [F9 or]

(iii) paragraph 6(3A)(b) of Schedule 55 to FA 2009, [F10 or

(iv) paragraph 3(4)(b) of Schedule 25 to FA 2021,]

(c) 140% in a case where neither paragraph (a) nor paragraph (b) applies and at least one of the penalties is determined by reference to the percentage in—

(i) paragraph 4(4)(b) of Schedule 24 to FA 2007,

(ii) paragraph 6(4)(b) of Schedule 41 to FA 2008, [F11 or]

(iii) paragraph 6(4A)(c) of Schedule 55 to FA 2009, [F12 or

(iv) paragraph 3(6)(c) of Schedule 25 to FA 2021,]

(d) 105% in a case where at none of paragraphs (a), (b) and (c) applies and at least one of the penalties is determined by reference to the percentage in—

(i) paragraph 4(3)(b) of Schedule 24 to FA 2007,

(ii) paragraph 6(3)(b) of Schedule 41 to FA 2008, [F13 or]

(iii) paragraph 6(4A)(b) of Schedule 55 to FA 2009, [F14 and] [F14 or

(iv) paragraph 3(6)(b) of Schedule 25 to FA 2021, and]

(e) in any other case, 100%.]

Textual Amendments

F1 Sch. 43C inserted (15.9.2016) (with effect in accordance with s. 158(15) of the amending Act) by Finance Act 2016 (c. 24), s. 158(3)

F2 Words in Sch. 43C para. 8(1)(b) inserted (with effect in accordance with s. 124(2) of the amending Act) by Finance Act 2021 (c. 26), Sch. 32 para. 13(8)(a)

F3 Words in Sch. 43C para. 8(3)(b) inserted (6.4.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(a); S.I. 2024/440, reg. 2

F4 Words in Sch. 43C para. 8(4) inserted (with effect in accordance with s. 124(2) of the amending Act) by Finance Act 2021 (c. 26), Sch. 32 para. 13(8)(b)

F5 Word in Sch. 43C para. 8(5) omitted (6.4.2024 for specified purposes) by virtue of Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(b)(i); S.I. 2024/440, reg. 2

F6 Sch. 43C para. 8(5)(e) and word inserted (6.4.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(b)(ii); S.I. 2024/440, reg. 2

F7 Word in Sch. 43C para. 8(6)(a)(ii) omitted (6.4.2024 for specified purposes) by virtue of Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(i)(a); S.I. 2024/440, reg. 2

F8 Sch. 43C para. 8(6)(a)(iv) and word inserted (6.4.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(i)(b); S.I. 2024/440, reg. 2

F9 Word in Sch. 43C para. 8(6)(b)(ii) omitted (6.4.2024 for specified purposes) by virtue of Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(ii)(a); S.I. 2024/440, reg. 2

F10 Sch. 43C para. 8(6)(b)(iv) and word inserted (6.4.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(ii)(b); S.I. 2024/440, reg. 2

F11 Word in Sch. 43C para. 8(6)(c)(ii) omitted (6.4.2024 for specified purposes) by virtue of Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(iii)(a); S.I. 2024/440, reg. 2

F12 Sch. 43C para. 8(6)(c)(iv) and word inserted (6.4.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(iii)(b); S.I. 2024/440, reg. 2

F13 Word in Sch. 43C para. 8(6)(d)(ii) omitted (6.4.2024 for specified purposes) by virtue of Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(iv)(a); S.I. 2024/440, reg. 2

F14 Words in Sch. 43C para. 8(6)(d)(iv) substituted (6.4.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 118(2), Sch. 27 para. 42(c)(iv)(b); S.I. 2024/440, reg. 2

Modifications etc. (not altering text)

C1 Sch. 43C para. 8 modified by 2014 c. 7, s. 10A(6) (as inserted (with effect in accordance with s. 157(30) of the amending Act) by Finance Act 2016 (c. 24), s. 157(17))

C2 Sch. 43C para. 8: power to modify conferred by 2014 c. 7, s. 10A(7) (as inserted (with effect in accordance with s. 157(30) of the amending Act) by Finance Act 2016 (c. 24), s. 157(17))