Textual Amendments
F1Word in Sch. 4 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 164, 204 (with Sch. 8 paras. 205-215)
Textual Amendments
F2Sch. 4 Pt. 7 substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 179, 204 (with Sch. 8 paras. 205-215)
28D(1)A notice under paragraph 28A, and any information accompanying the notice, must be given electronically.U.K.
(2)A return under paragraph 28B, and any information accompanying the return, must be given electronically.
(3)But, if HMRC consider it appropriate to do so, HMRC may allow the scheme organiser to give a notice or return or any accompanying information in another way; and, if HMRC do so, the notice, return or information must be given in that other way.
(4)The Commissioners for Her Majesty's Revenue and Customs—
(a)must prescribe how notices, returns and accompanying information are to be given electronically;
(b)may make different provision for different cases or circumstances.
28E(1)This paragraph applies if a return under paragraph 28B, or any information accompanying such a return—U.K.
(a)is given otherwise than in accordance with paragraph 28D, or
(b)contains a material inaccuracy—
(i)which is careless or deliberate, or
(ii)which is not corrected as required by paragraph 28B(11).
(2)The scheme organiser is liable for a penalty of an amount decided by HMRC.
(3)The penalty must not exceed £5,000.
(4)For the purposes of sub-paragraph (1)(b)(i) an inaccuracy is careless if it is due to a failure by the scheme organiser to take reasonable care.]