Finance Act 2015 (c. 11)

SCHEDULES

SCHEDULE 20 U.K. Penalties in connection with offshore matters and offshore transfers

Penalties for failure to make returns etc U.K.

Prospective

18 U.K. In paragraph 15 (standard percentage reductions for disclosure), in the Table in sub-paragraph (2), at the appropriate places insert—

“87.5%

43.75%

25%”, and

“125%

62.5%

40%”.