132Penalty for deliberate inaccuracy in document given to WRA by another personE+W
(1)A person (referred to in this section as “person A”) is liable to a penalty where—
(a)another person gives WRA a document,
(b)the document contains a relevant inaccuracy, and
(c)the inaccuracy was attributable—
(i)to person A deliberately supplying false information to the other person (whether directly or indirectly), or
(ii)to person A deliberately withholding information from the other person,
with the intention of the document containing the inaccuracy.
(2)A “relevant inaccuracy” is an inaccuracy which amounts to, or leads to—
(a)an understatement of a liability to a [F1WRA-collected] tax,
(b)a false or inflated statement of a loss relating to a [F1WRA-collected] tax, F2...
(c)a false or inflated claim to repayment of [F1WRA-collected] tax [F3, or
(d)a false or inflated claim for a tax credit.]
(3)Person A is liable to a penalty under this section in respect of an inaccuracy whether or not the other person is liable to a penalty under section 129 in respect of the same inaccuracy.
(4)The penalty payable under this section is [F4an amount not exceeding] 100% of the potential lost revenue.
Textual Amendments
F1Word in Act substituted (19.9.2025) by Visitor Accommodation (Register and Levy) Etc. (Wales) Act 2025 (asc 5), s. 67(1), Sch. 2 para. 21
F2Word in s. 132(2) omitted (1.4.2018) by virtue of The Landfill Disposals Tax (Administration) (Wales) Regulations 2018 (S.I. 2018/101), reg. 1(2), Sch. para. 30(a)
F3S. 132(2)(d) and word inserted (1.4.2018) by The Landfill Disposals Tax (Administration) (Wales) Regulations 2018 (S.I. 2018/101), reg. 1(2), Sch. para. 30(b)
F4Words in s. 132(4) inserted (1.4.2018) by Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw 1), s. 81(2)(3), Sch. 23 para. 49; S.I. 2018/34, art. 3
Commencement Information
I1S. 132 in force at 1.4.2018 by S.I. 2018/33, art. 3