PART 8Penalties
CHAPTER 4Penalties relating to investigations
Penalties for inaccurate information or documents
I1197Penalties for inaccurate information or documents
1
This section applies if—
a
in complying with an information notice, a person provides inaccurate information or produces a document that contains an inaccuracy, and
b
condition A, B or C is met.
2
Condition A is that the inaccuracy is careless or deliberate.
3
An inaccuracy is careless if it is due to a failure by the person to take reasonable care.
4
Condition B is that the person knows of the inaccuracy at the time the information is provided or the document produced but does not inform Revenue Scotland at that time.
5
Condition C is that the person—
a
discovers the inaccuracy some time later, and
b
fails to take reasonable steps to inform Revenue Scotland.
6
The person is liable to a penalty not exceeding £3,000.
7
Where the information or document contains more than one inaccuracy, a penalty is payable for each inaccuracy.