SCHEDULES
SCHEDULE 24Amendments of Schedule 36 to FA 2008
3
1
Paragraph 40A (penalties for inaccurate information and documents) is amended as follows.
2
In sub-paragraph (1)(b), for “A or B” substitute “
A, B or C
”
.
3
After sub-paragraph (3) insert—
3A
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 HMRC at that time.
4
In sub-paragraph (4), for “B” substitute “
C
”
.
5
The amendments made by this paragraph have effect in relation to any inaccuracy in information provided, or in documents produced, on or after 1 April 2012.