SCHEDULES

SCHEDULE 1Bank payroll tax

Part 2Collection and management of tax

Penalties

38

1

Schedule 55 to FA 2009 (penalties for failure to make returns etc) has effect as if—

a

a bank payroll tax return were specified in the Table in paragraph 1 (and bank payroll tax were specified in relation to it), and

b

the reference in paragraph 2 to a return falling within certain items in the Table included a reference to a bank payroll tax return.

2

Schedule 55 to FA 2009 has effect for the purposes of bank payroll tax in accordance with this paragraph whether or not it has come into force for other purposes.