SCHEDULES

F1SCHEDULE 43CPenalty under section 212A F2or 212B: supplementary provision

Annotations:
Amendments (Textual)
F1

Sch. 43C inserted (15.9.2016) (with effect in accordance with s. 158(15) of the amending Act) by Finance Act 2016 (c. 24), s. 158(3)

F2

Words in Sch. 43C heading inserted (with effect in accordance with s. 124(2) of the amending Act) by Finance Act 2021 (c. 26), Sch. 32 para. 13(2)

Mitigation of penalties

10

1

The Commissioners may in their discretion mitigate a penalty under section 212A F3or 212B, or stay or compound any proceedings for such a penalty.

2

They may also, after judgment, further mitigate or entirely remit the penalty.