SCHEDULES

SCHEDULE 28Follower notice penalties

PART 1Amendment of Chapter 2 of Part 4 of FA 2014

Cancellation of a section 208A penalty

7

In section 214 (appeal against a section 208 penalty), after subsection (8) insert—

8A

If the tribunal cancels a decision of HMRC that a penalty is payable by P under section 208, any penalty additional to that penalty to which P is liable under section 208A is also cancelled.