Taxes Management Act 1970

98 Special returns, etc. [1960 s.46(1).] U.K.

(1) [Subject to [the provisions of this section and F1 ] section 98A below, where F2 ] any person—

(a) has been required, by a notice served under or for the purposes of any of the provisions specified in the first column of theTable below, to deliver any return or other document, to furnish any particulars, to produce any document, or to make anything available for inspection, and he fails to comply with the notice, or

(b) fails to furnish any information, give any certificate or produce any document or record in accordance with any of the provisions specified in the second column of the Table below,

he shall be liable, subject to [subsections (3) and (4) below—

(i) to a penalty not exceeding £300, and

(ii) if the failure continues after a penalty is imposed under paragraph (i) above, to a further penalty or penalties not exceeding £60 for each day on which the failure continues after the day on which the penalty under paragraph (i) above was imposed (but excluding any day for which a penalty under this paragraph has already been imposed) F2 ].

M1 (2) [Subject to section 98A below, where F3 ] a person fraudulently or negligently furnishes, gives, produces or makes any incorrect information, certificate, document, record or declaration of a kind mentioned in any of the provisions specified in either column of the Table below, he shall be liable to a penalty not exceeding [£3000 F3 ].

[(3) No penalty shall be imposed under subsection (1) above in respect of a failure within paragraph (a) of that subsection at any time after the failure has been remedied.

(4) No penalty shall be imposed under paragraph (ii) of subsection (1) above in respect of a failure within paragraph (b) of that subsection at any time after the failure has been remedied F4 .] F5

[(5) In the case of a failure to comply with section 765A(2)(a) or (b) of the principal Act, subsection (1) above shall have effect as if for “£300” there were substituted “£3000” and as if for “£60” there were substituted “£600”F6 .]

TABLE

1.	2.
Part III of this Act,except sections 16and 24(2) F7	In the principal Act—
Section 51 of this Act	[section 38(5)F8 ]
In the principal Act—	section 41(2);
section 38(5) F8 ;	[section 42 F8 ]
section 42 F8 ;	section 124(3);
section 181(1);	section 136(6);
regulations under section 202;	section 139(5)or (6); F9
section 217;	section 148(7);
section 226(3) and (4);	section 180(1);
section 234(7)(b), (8) and (9);	regulations under section 202;
section 250(6) and (7);	regulations under section 203;
section 272(7);	section 216;
section 310(4) and (5);	section 226(1) and (2);
[regulations under section 326C F10 ]	section 234(5), (6) and (7)(a);
regulations under section 333;	section 250(1) to (5);
regulations under section 476(1);	section 310(1), (2) and (3);
[regulations under section 477A F11 ]	section 313(5);
section 481(5)(k) F12 ]	[Regulations under section 326C F10 ]
section 482(3);	Regulations under section 333;
regulations under section 482(11);	section 350(1);
section 483;	section 375(5);
Regulations under section 555(7);	regulations under section 476(1);
section 561(8);	[regulations under section 477A F11 ;]
section 588(7);	[section 482(2) F13 ]
regulations under section 602;	regulations under section 482(11);
section 605(1),(2),(3)(b) and (4);	section 552;
regulations under section 612(3);	regulations under section 555(7);
regulations under section 639;	regulations under section 566(1) or (2);
section 652;	section 577(4);
section 669;	section 588(6);
section 680;	regulations under section 602;
section 700(4);	section 605(3)(a);
section 708;	regulations under section 612(3);
section 728;	regulations under section 639;
section 729(11);	[section 765A(2)(a) F14 ;]
section 730(8);	section 772(6);
section 737(8);	Schedule 3, paragraph 6;
section 745(1);	Schedule 13;
section 755;	regulations under paragraph 7 of Schedule 14;
[section 765A(2)(b) F14 ;]	Schedule 15, paragraph 14(4);
section 768(9);	Schedule 16;
section 772(1) and (3);	Schedule 22, paragraph 2.
section 774(5);	Regulations under section 149D of the Capital Gains Tax Act 1979.
section 778;	[Sections 23(2), 48 and 49(2) of the Capital Allowances Act 1990 F15 .]
section 815;	Regulations 16 and 17 of the Income Tax (Interest Relief) Regulations 1982.
Schedule 3, paragraph 13(1);	Paragraph 15(3) of Schedule 14 to the Finance Act 1984.
Schedule 5, paragraph 10;	Paragraph 10 of Schedule 16 to the Finance Act 1986 F16
Schedule 9, [paragraph 6 F17 ];	[Section 85(1) and (2) of the Finance Act 1988 F18 ]
Schedule 15 paragraph 14(5);	[Regulations under section 57 of the Finance Act 1989 F19 .]
Schedule 19,paragraph 17 F20	[section 94(1) of the Finance Act 1990 F21 ]
Schedule 22, paragraph 4.	[F22 Regulations under section 33 of the Finance Act 1991][F23 Paragraphs 13 to 16 of Schedule 16 to the Finance Act 1991.]
Section 32 of the Finance Act 1973.
Paragraph 2 of Schedule 15 to the Finance Act 1973.
Regulations under section 149D of the Capital Gains Tax Act 1979.
Paragraph 6(9) of Schedule 1 to the Capital Gains Tax Act 1979.
[Sections 23(4) and 49(4) of the Capital Allowances Act 1990 F24 ]
Section 84 of the Finance Act 1981.
Paragraph 15(1) of Schedule 14 to the Finance Act 1984.
Paragraph 6(1) of Schedule 22 to the Finance Act 1985.
[Paragraph 7(1) of Schedule 10 to the Finance Act 1988 F25 ].
[Regulations under section 57 of the Finance Act 1989 F26 ]
[Section 73 of the Finance Act 1989 F27 ]
[Paragraphs 2 to 4 of Schedule 12 to the Finance Act 1989 F19 ]
[section 39 of the Finance Act 1990 F28 ][F22 Regulations under section 33 of the Finance Act 1991][F29 Paragraph 12 of Schedule 16 to the Finance Act 1991.]

The references in this Table to regulations under section 602 have effect only for the purpose of giving effect to any provision mentioned in paragraphs (a) and (b) of subsection (2) of that section F30 ]

Textual Amendments

F1 Finance Act 1990 s. 68(3)(a)for transactions carried out on or after 1 July 1990.

F2 Finance Act 1989 s. 164(2), (7)in relation to failures beginning, or information etc. furnished, on or after 27 July 1989. Previously

“Where”

and

“subsection (3) below—(i) to a penalty not exceeding £50, and (ii) if the failure continues after it has been declared by the Court, or Commissioners before whom proceedings for the penalty have been commenced, to a further penalty not exceeding £10 for each day on which the failure so continues.”

respectively.

F3 Finance Act 1989 s. 164(3), (7)in relation to failures beginning, or information etc. furnished, on or after 27 July 1989. Previously

“Where”

and

“£250, or, in the case of fraud, £500”

respectively.

F4 Finance Act 1989 s. 164(4), (7)in relation to failures beginning, or information etc. furnished, on or after 27 July 1989. Previously

“A person shall not be liable to any penalty incurred under this section for a failure to comply with any notice, if the failure is remedied before proceedings for the recovery of the penalty are commenced”.

F5 See—Taxes Management Act 1970 (c. 9, SIF 63:1) s. 53(1)—s. 98(3)not applicable where penalty under s. 51 or 52 awarded summarily.Taxes Management Act 1970 (c. 9, SIF 63:1) s. 119and Sch. 4 para. 10—application of s. 98 in relation to repealed provisions.Oil Taxation Act 1975 s. 1and Sch. 2 para. 1(1)—Oil Taxation Acts—regarding modifications relating to petroleum revenue tax and supplementary petroleum tax.Finance Act 1981 s. 134and Sch. 17 para. 18—application of this section to the special tax on banking deposits.Social Security Act 1975 (c. 14) Sch. 1 para. 5(2)—s. 98applied in relation to regulations made under Social Security Act 1975 Sch. 1 para. 5(1)as they apply in relation to regulations made under Income and Corporation Taxes Act 1970 s. 204 (now Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) s. 203) Social Security (Northern Ireland) Act 1975 (c. 15) Sch. 1 para. 5(2)—s. 98applied in relation to regulations made under Social Security (Northern Ireland) Act 1975 Sch. 1 para. 5(1)as they apply in relation to regulations made under Income and Corporation Taxes Act 1970 s. 204 (now Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) s. 203).

F6 Finance Act 1990 s. 68(3)(b)for transactions carried out on or after 1 July 1990.

F7 Words repealed by Finance Act 1989 ss. 164(5)(a)and 187and Sch. 17 Part VIIIin relation to any failure to comply with a notice etc. on or after 27 July 1989.

F8 Entries transferred to column 1 from column 2 by Finance Act 1989 s. 164(5)(b)in relation to any failure to comply with a notice etc. on or after 27 July 1989.

F9 Repealed by Finance Act 1988 s. 148and Sch. 14 Part VIin relation to acquisitions on or after 26 October 1987.

F10 Finance Act 1990 s. 28(2).

F11 Finance Act 1990 s. 30and Sch. 5 para. 15.

F12 Words repealed by Finance Act 1989 ss. 164(5)(c)and 187and Sch. 17 Part VIIIin relation to any failure to comply with a notice etc. on or after 27 July 1989.

F13 Finance Act 1989 s. 164(5)(c)in relation to any failure to comply with a notice etc. on or after 27 July 1989.

F14 Finance Act 1990 s. 68(3)(c), (d)respectively.

F15 Capital Allowances Act 1990 (c. 1, SIF 63:1) s. 164and Sch. 1 para. 1(3).Previously

“67(2) of, and paragraph 4(1) of Schedule 12 to, the Finance Act 1980”.

F16 Repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1) s. 164(4)and Sch. 2See 1989 edition for these provisions.

F17 Finance Act 1990 s. 89and Sch. 14 para. 15 (correction of errors)—deemed to have been made by the Taxes Act 1988.Previously

“paragraphs 6 and 25”.

F18 Finance Act 1988 (c. 39, SIF 63:1,2) s. 85(3).

F19 Finance Act 1989 s. 107and Sch. 12 para. 5.

F20 Repealed by Finance Act 1989 s. 187and Sch. 17 Part Von and after 27 July 1989.

F21 Finance Act 1990 s. 94(3).

F22 Words in s. 98 Table added (25.7.1991) by Finance Act 1991 (c. 31, SIF 63:1), s. 33(2)

F23 Words in s. 98 Table inserted (25.7.1991) by Finance Act 1991 (c. 31, SIF 63:1), s. 89(1), Sch. 16, para. 17(2)

F24 Capital Allowances Act 1990 (c. 1, SIF 63:1) s. 164and Sch. 1 para. 1(2).Previously

“sections 67(4) of, and paragraph 4(3) of Schedule 12 to, the Finance Act 1980”.

F25 Finance Act 1988 (c. 39, SIF 63:1,2)s. 109and Sch. 10 para. 7(2).

F26 Finance Act 1989 s. 57(2).

F27 Finance Act 1989 s. 73(9).

F28 Finance Act 1990 s. 39(9).

F29 Words in s. 98 Table inserted (25.7.1991) by Finance Act 1991 (c. 31, SIF 63:1), s. 89(1), Sch. 16, para. 17(1)

F30 Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) Sch. 29 para. 9.See 1987 edition for previous table and see Finance Act 1988 Sch. 14 Part VIfor repeal of reference to Schedule 12to the Finance Act 1972in that table in connection with acquisitions on or after 26 October 1987.

Modifications etc. (not altering text)

C1 S. 98 applied (E.W.S.) (1.7.1992) by Social Security Contributions and Benefits Act 1992 (c. 4), ss. 1(4), 173(4), Sch. 1, para. 6(7)

S. 98 applied (N.I.) (1.7.1992) by Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7), ss. 1(4), 173(4), Sch. 1, para. 6(7)

Marginal Citations

M1 1960

s. 47(2).