Finance Act 2015 (c. 11)

SCHEDULES

SCHEDULE 20 U.K. Penalties in connection with offshore matters and offshore transfers

Penalties for failure to notify U.K.

Prospective

13 U.K. In paragraph 13 (standard percentage reductions for disclosure), in the Table in sub-paragraph (3), at the appropriate places insert—

“37.5%	case A: 12.5%	case A: 0%
	case B: 25%	case B: 12.5%”,

“87.5%

43.75%

25%”, and

“125%

62.5%

40%”.