Taxes Management Act 1970

98 Special returns, etc.

(1) Where any person—

(a) has been required, by a notice served under or for the purposes of any of the provisions specified in the first column of the Table below, to deliver any return or other document, to furnish any particulars, to produce any document, or to make anything available for inspection, and he fails to comply with the notice, or

(b) fails to furnish any information, give any certificate or produce any document or record in accordance with any of the provisions specified in the second column of the Table below,

he shall be liable, subject to subsection (3) below—

(i) to a penalty not exceeding £50, and

(ii) if the failure continues after it has been declared by the court or Commissioners before whom proceedings for the penalty have been commenced, to a further penalty not exceeding £10 for each day on which the failure so continues.

(2) Where a person fraudulently or negligently furnishes, gives, produces or makes any incorrect information, certificate, document, record or declaration of a kind mentioned in any of the provisions specified in either column of the Table below, he shall be liable to a penalty not exceeding £250, or, in the case of fraud, £500.

(3) A person shall not be liable to any penalty incurred under this section for a failure to comply with any notice, if the failure is remedied before proceedings for the recovery of the penalty are commenced.

TABLE

1.	2.
Part III of this Act, except section 16 and section 24(2)	In the principal Act— section 34(4) section 53(2)
Section 51 of this Act	section 87(1)
	section 186(11)
	section 187(7)
In the principal Act—	section 224(5)(a)
	section 402
section 30(1)(2)	section 411(4)
section 167(4)
section 200
section 224(5)(b)	Schedule 5, paragraph 6
section 301
section 431(4)	Schedule 9, paragraph 2(1)
section 443
section 453	Regulations under section 204 of the principal Act
section 465
section 469(8)
section 470(6)
section 477(7)
section 481(1)
section 483(7)
section 486(5)
section 490
Schedule 5, paragraph 13(1)
Schedule 6, paragraph 10