Valid from 01/04/2015
183Amount of penalty for inaccuracy in taxpayer documentS
This section has no associated Explanatory Notes
(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.