Legislation (continued)
Corporation Tax (CT)
- Corporation tax returns under paragraph 3 of Schedule 18 of the Finance Act 1998.
- Returns, statements or declarations in connection with a claim for an allowance, deduction or relief.
- Accounts in connection with liability to tax.
VAT
- VAT returns under regulations made under paragraph 2 of Schedule 11 of VAT Act 1994.
- Other returns, statements or declarations in connection with a claim. This includes documents submitted under voluntary disclosure arrangements contained in regulations 34 and 35 of the VAT Regulations 1995.
Under the new penalty arrangements, there is no longer a guarantee of no penalty for a voluntary disclosure, except mistakes despite taking reasonable care, although it is still possible to reduce a careless penalty to nil.
Correction of an error on a later return under the VAT voluntary disclosure scheme would not meet the definition of an unprompted disclosure of the error. A fuller disclosure would be required.
Other documents
Penalties for inaccuracies also apply to any document likely to be relied upon by HMRC to determine a person's liability to tax or repayment due, for example, PAYE form P810.
Documents can include information given to HMRC in an e-mail or letter, by fax or telephone call.