SCHEDULES

SCHEDULE 40U.K.Penalties: amendments of Schedule 24 to FA 2007

4(1)Paragraph 2 (under-assessment by HMRC) is amended as follows.U.K.

(2)In sub-paragraph (1), for “tax” substitute “ a relevant tax ”.

(3)For sub-paragraph (3) substitute—

(3)In sub-paragraph (1) “relevant tax” means any tax mentioned in the Table in paragraph 1.