SCHEDULES

SCHEDULE 33Part 4: consequential amendments

Section 233

Taxes Management Act 1970

1

In section 9B of TMA 1970 (amendment of return by relevant person during enquiry), in subsection (1), after “taxpayer)” insert “ , or in accordance with Chapter 2 of Part 4 of the Finance Act 2014 (amendment of return after follower notice), ”.

2

In section 103ZA of that Act (disapplication of sections 100 to 103 (penalty provisions) in the case of certain penalties)—

a

omit “or” at the end of paragraph (f), and

b

at the end of paragraph (g) insert

, or

h

Part 4 of the Finance Act 2014 (follower notices and accelerated payments).

Finance Act 2007

3

In paragraph 12 of Schedule 24 to FA 2007 (penalties for errors: interaction with other penalties), after sub-paragraph (2) insert—

2A

In sub-paragraph (2) “any other penalty” does not include a penalty under Part 4 of FA 2014 (penalty where corrective action not taken after follower notice etc).

Finance Act 2008

4

In paragraph 15 of Schedule 41 to FA 2008 (penalties: failure to notify: interaction with other penalties), after sub-paragraph (1) insert—

1A

In sub-paragraph (1) “any other penalty” does not include a penalty under Part 4 of FA 2014 (penalty where corrective action not taken after follower notice etc).

Finance Act 2009

5

In paragraph 17 of Schedule 55 to FA 2009 (penalty for failure to make returns etc: interaction with other penalties), after sub-paragraph (2)(b) insert

, or

c

a penalty under Part 4 of FA 2014 (penalty where corrective action not taken after follower notice etc).