SCHEDULES

SCHEDULE 10 U.K.Penalty for failure to make returns etc

11 U.K.For paragraph 23(1) (no liability where there is reasonable excuse for failure) substitute—

“(1) If P satisfies HMRC or (on appeal) the First-tier Tribunal or Upper Tribunal that there is a reasonable excuse for a failure to make a return—

(a) liability to a penalty under any paragraph of this Schedule does not arise in relation to that failure, and

(b) the failure does not count for the purposes of paragraphs 13B(2), 13C, 13G(2) and 13H.”

Commencement Information

I1 Amendments made by Sch. 10 para.11 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

I2 Amendments made by Sch. 10 para. 11 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)