SCHEDULES

F1SCHEDULE 2BPenalties for contraventions of Part 6A

Annotations:
Amendments (Textual)
F1

Sch. 2B inserted (26.3.2015) by Finance Act 2015 (c. 11), s. 54(5)(8)

Amount of penalty

2

1

If the contravention is deliberate and concealed, the amount of the penalty is the maximum amount (see paragraph 10).

2

If the contravention is deliberate but not concealed, the amount of the penalty is 70% of the maximum amount.

3

In any other case, the amount of the penalty is 30% of the maximum amount.

4

The contravention is—

a

“deliberate and concealed” if the contravention is deliberate and P makes arrangements to conceal the contravention, and

b

“deliberate but not concealed” if the contravention is deliberate but P does not make arrangements to conceal the contravention.