SALF408 - Enquiries into Tax Returns: Penalties for Incorrect Tax Returns
Sections 95 and 99
| 4.77 | There are penalties for the fraudulent or negligent delivery of an incorrect tax return. The amount of the penalty is a percentage of the additional tax found to be due. The maximum penalty is 100%. An officer of the Board will determine the amount depending on the factors in each case (see also paras 2.57 and 2.58). Any person who assists in the production of a tax return, which he or she knows to be incorrect, can be charged a penalty of up to £3,000. |
