Revenue Scotland and Tax Powers Act 2014 (asp 16)

PART 8 Penalties

CHAPTER 3 Penalties relating to inaccuracies

Penalties for inaccuracies in taxpayer documents

183 Amount of penalty for inaccuracy in taxpayer document

(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.