Revenue Scotland and Tax Powers Act 2014 (asp 16)

Valid from 16/02/2015

PART 8 S Penalties

Valid from 01/04/2015

CHAPTER 3 S Penalties relating to inaccuracies

Penalties for inaccuracies in taxpayer documents S

183 Amount of penalty for inaccuracy in taxpayer document S

(1) This section sets out the penalty payable under section 182.

(2) For a deliberate inaccuracy, the penalty is 100% of the potential lost revenue.

(3) For a careless inaccuracy, the penalty is 30% of the potential lost revenue.

(4) In this section and sections 185 and 186 “potential lost revenue” has the meaning given in sections 187 to 190.