Finance Act 2015

Prospective

This section has no associated Explanatory Notes

15(1)Paragraph 6 (penalty for failure continuing 12 months after penalty date) is amended as follows.U.K.

(2)In sub-paragraph (3A)—

(a)before paragraph (a) insert—

(za)for the withholding of category 0 information, 100%,, and

(b)in paragraph (a), for “100%” substitute “ 125% ”.

(3)In sub-paragraph (4A)—

(a)before paragraph (a) insert—

(za)for the withholding of category 0 information, 70%,, and

(b)in paragraph (a), for “70%” substitute “ 87.5% ”.

(4)In sub-paragraph (6), for “3” substitute “ 4 ”.