Finance Act 2021 (c. 26)

SCHEDULES

SCHEDULE 28 U.K. Follower notice penalties

PART 1 U.K. Amendment of Chapter 2 of Part 4 of FA 2014

Cancellation of a section 208A penalty U.K.

7 U.K. 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.”