SCHEDULES
C1C5C3C2C4C6C7C8C9C10C13C12C11C14SCHEDULE 24Penalties for errors
Sch. 24 applied (6.4.2008) by The Social Security (Contributions) Regulations 2001 (S.I. 2001/1004), reg. 81(1)(1A), Sch. 4 paras. 21A(8), 21D(9), 21F(12), 22(7), 31(8) (as amended by S.I. 2008/636, reg. 7; S.I. 2010/721, reg. 4; S.I. 2012/821, reg. 11)
Sch. 24 applied (E.W.) (6.4.2009) by The Education (Student Loans) (Repayment) Regulations 2009 (S.I. 2009/470), regs. 1(1), 13(3)(b), 40(4), 59(8)(b) (with reg. 1(4)(6))
Sch. 24 applied (N.I.) (6.4.2009) by The Education (Student Loans) (Repayment) Regulations (Northern Ireland) 2009 (S.R. 2009/128), regs. 1(1), 9(3)(b), 35(4), 54(8)(b)
Sch. 24 modified (8.4.2010) by Finance Act 2010 (c. 13), Sch. 1 para. 37
Sch. 24 applied (with modifications) (19.4.2013) by The Small Charitable Donations Regulations 2013 (S.I. 2013/938), regs. 1, 15
Sch. 24 excluded (17.7.2014) by Finance Act 2014 (c. 26), Sch. 35 para. 13(a)
Sch. 24 applied by 1993 c. 34, Sch. 20A para. 9A(6) (as inserted (19.12.2014) by The Lloyd's Underwriters (Conversion of Partnerships to Underwriting through Successor Companies) (Tax) Regulations 2014 (S.I. 2014/3133), regs. 1, 5(4))
Sch. 24 applied (with modifications) by 1992 c. 4, s. 11A(1)(3) (as inserted (with effect in accordance with Sch. 1 para. 35 of the amending Act) by National Insurance Contributions Act 2015 (c. 5), Sch. 1 para. 3)
Sch. 24 applied (with modifications) by 1992 c.7 (N.I.) s. 11A(1)(3) (as inserted (with effect in accordance with Sch. 1 para. 35 of the amending Act) by National Insurance Contributions Act 2015 (c. 5), Sch. 1 para. 12)
Sch. 24 applied (with application in accordance with reg. 1 of the amending S.I.) by The Education (Postgraduate Masters Degree Loans) Regulations 2016 (S.I. 2016/606), regs. 1(1), 85(4)
Sch. 24 applied (with application in accordance with reg. 1 of the amending S.I.) by The Education (Postgraduate Masters Degree Loans) Regulations 2016 (S.I. 2016/606), regs. 1(1), 50(3)
Sch. 24 applied (with application in accordance with reg. 1 of the amending S.I.) by The Education (Postgraduate Masters Degree Loans) Regulations 2016 (S.I. 2016/606), regs. 1(1), 24(3)
Sch. 24 applied (with modifications) (1.5.2023) by The Value Added Tax (Margin Schemes and Removal or Export of Goods: VAT-related Payments) Order 2023 (S.I. 2023/68), arts. 1(1), 14 (with art. 1(2))
Part 5General
Interpretation
I128
In this Schedule—
a
a reference to corporation tax includes a reference to tax or duty which by virtue of an enactment is assessable or chargeable as if it were corporation tax,
b
a reference to tax includes a reference to construction industry deductions under Chapter 3 of Part 3 of FA 2004,
c
“direct tax” means—
i
income tax,
ii
capital gains tax, F2...
iii
corporation tax, F3and
iv
petroleum revenue tax,
d
a reference to understating liability to VAT includes a reference to overstating entitlement to a VAT credit,
F9da
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e
a reference to a loss includes a reference to a charge, expense, deficit and any other amount which may be available for, or relied on to claim, a deduction or relief,
f
a reference to repayment of tax includes a reference to allowing a credit F4against tax or to a payment of a corporation tax credit,
F1fa
“corporation tax credit” means—
i
an R&D tax credit under F6Chapter 2 or 7 of Part 13 of CTA 2009,
F10ia
an R&D expenditure credit under Chapter 6A of Part 3 of CTA 2009,
ii
a land remediation tax credit or life assurance company tax credit under F7Chapter 3 or 4 respectively of Part 14 of CTA 2009,
F8iii
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iv
F11iva
a television tax credit under Chapter 3 of Part 15A of that Act,
ivb
a video game tax credit under Chapter 3 of Part 15B of that Act, F13...
F14ivc
a theatre tax credit under section 1217K of that Act, F15...
F16ivd
an orchestra tax credit under Chapter 3 of Part 15D of that Act, F17...
F18ive
a museums and galleries exhibition tax credit under Chapter 3 of Part 15E of that Act, or
v
a first-year tax credit under Schedule A1 to CAA 2001,
g
“tax period” means a tax year, accounting period or other period in respect of which tax is charged,
h
a reference to giving a document to HMRC includes a reference to communicating information to HMRC in any form and by any method (whether by post, fax, email, telephone or otherwise),
i
a reference to giving a document to HMRC includes a reference to making a statement or declaration in a document,
j
a reference to making a return or doing anything in relation to a return includes a reference to amending a return or doing anything in relation to an amended return, and
k
a reference to action includes a reference to omission.
Sch. 24 applied (N.I.) (1.4.2008) by The Education (Student Loans) (Repayment) Regulations (Northern Ireland) 2000 (S.R. 2000/121), regs. 7(2A)(b), 26(4) (as amended by S.R. 2008/129, regs. 1, 3(a), 4)