PART 8Penalties
CHAPTER 4Penalties relating to investigations
Penalties for inaccurate information or documents
197Penalties 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.