Part 6Investigation, administration etc

Other administration

97Penalties for errors

1

Schedule 24 contains provisions imposing penalties on taxpayers who—

a

make errors in certain documents sent to HMRC, or

b

unreasonably fail to report errors in assessments by HMRC.

2

That Schedule comes into force in accordance with provision made by the Treasury by order.

3

An order—

a

may commence a provision generally or only for specified purposes,

b

may make different provision for different purposes, and

c

may include incidental, consequential or transitional provision.

4

The power to make an order is exercisable by statutory instrument.