Explanatory Notes

Finance Act 2009

2009 CHAPTER 10

21 July 2009

Introduction

Section 109 and Schedule 57: Amendments Relating to Penalties

Summary

1.Section 109 and Schedule 57 make amendments to the provisions in Schedule 24 to Finance Act (FA) 2007 (penalties for errors) and Schedule 41 to FA 2008 (penalties for failure to notify and certain other wrongdoing). It also makes certain related changes.