PART 5PENALTIES

CHAPTER 1OVERVIEW

117Overview of Part

1

This Part makes provision about penalties relating to devolved taxes, including—

a

penalties relating to failures to make tax returns or to pay devolved tax F1or amounts payable in respect of tax credits,

b

penalties relating to inaccuracies,

c

penalties relating to record-keeping and reimbursement arrangements, and

d

penalties relating to investigations.

2

It includes provision about—

a

the circumstances which liability to those penalties arises,

b

the amounts of those penalties,

c

the circumstances in which liability to those penalties may be suspended or the amounts of those penalties may be reduced,

d

the assessment of those penalties, and

e

the payment of those penalties.