CH81070 - Penalties for Inaccuracies: In what circumstances is a penalty payable: Conditions for penalty for inaccuracy

You must check the date from which these rules apply for the tax or duty you aredealing with. SeeCH81011for full details.

Not every inaccuracy will incur a penalty. A penalty is not due if a person takes reasonable care, see CH81120, to complete a document correctly, even if it later turns out to be wrong. See CH81080 where a person discovers this sort of inaccuracy after they have sent us the document.

A person (P), see CH81040, may be charged a penalty where

• they give us, see CH81050, an inaccurate document, and
• the inaccurate document either amounts or leads to

• the inaccuracy was

See CH81165 where the inaccuracy in P’s document arose because another person deliberately supplied false information to or deliberately withheld information from P.

FA07/SCH24/PARA1 (1), (2), (3)