Failure to correct relevant offshore tax non-complianceU.K.
1U.K.A penalty is payable by a person who—
(a)has any relevant offshore tax non-compliance to correct at the end of the tax year 2016-17, and
(b)fails to correct the relevant offshore tax non-compliance within the period beginning with 6 April 2017 and ending with 30 September 2018 (referred to in this Schedule as “the RTC period”).