SCHEDULES

SCHEDULE 20Penalties for enablers of offshore tax evasion or non-compliance

PART 1Liability for penalty

Liability for penalty

I11

1

A penalty is payable by a person (P) who has enabled another person (Q) to carry out offshore tax evasion or non-compliance, where conditions A and B are met.

2

For the purposes of this Schedule—

a

Q carries out “offshore tax evasion or non-compliance” by—

i

committing a relevant offence, or

ii

engaging in conduct that makes Q liable (if the applicable conditions are met) to a relevant civil penalty,

where the tax at stake is income tax, capital gains tax or inheritance tax, and

b

P “has enabled” Q to carry out offshore tax evasion or non-compliance if P has encouraged, assisted or otherwise facilitated conduct by Q that constitutes offshore tax evasion or non-compliance.

3

The relevant offences are-

a

an offence of cheating the public revenue involving offshore activity, or

b

an offence under section 106A of TMA 1970 (fraudulent evasion of income tax) involving offshore activity,

c

an offence under section 106B, 106C or 106D of TMA 1970 (offences relating to certain failures to comply with section 7 or 8 by a taxpayer chargeable to income tax or capital gains tax on or by reference to offshore income, assets or liabilities).

4

The relevant civil penalties are—

a

a penalty under paragraph 1 of Schedule 24 to FA 2007 (errors in taxpayer's document) involving an offshore matter or an offshore transfer (within the meaning of that Schedule),

b

a penalty under paragraph 1 of Schedule 41 to FA 2008 (failure to notify etc) in relation to a failure to comply with section 7(1) of TMA 1970 involving offshore activity,

c

a penalty under paragraph 6 of Schedule 55 to FA 2009 (failure to make return for 12 months) involving offshore activity,

d

a penalty under paragraph 1 of Schedule 21 to FA 2015 (penalties in connection with relevant offshore asset moves).

5

Condition A is that P knew when P's actions were carried out that they enabled, or were likely to enable, Q to carry out offshore tax evasion or non-compliance.

6

Condition B is that—

a

in the case of offshore tax evasion or non-compliance consisting of the commission of a relevant offence, Q has been convicted of the offence and the conviction is final, or

b

in the case of offshore tax evasion or non-compliance consisting of conduct that makes Q liable to a relevant penalty—

i

Q has been found to be liable to such a penalty, assessed and notified, and the penalty is final, or

ii

a contract has been made between the Commissioners for Her Majesty's Revenue and Customs and Q under which the Commissioners undertake not to assess the penalty or (if it has been assessed) not to take proceedings to recover it.

7

For the purposes of sub-paragraph (6)(a)—

a

convicted of the offence” means convicted of the full offence (and not for example of an attempt), and

b

a conviction becomes final when the time allowed for bringing an appeal against it expires or, if later, when any appeal against conviction has been determined.

8

For the purposes of sub-paragraph (6)(b)(i) a penalty becomes final when the time allowed for any appeal or further appeal relating to it expires or, if later, any appeal or final appeal relating to it is determined.

9

It is immaterial for the purposes of condition B that—

a

any offence of which Q was convicted, or

b

any penalty for which Q was found to be liable,

relates also to other tax evasion or non-compliance by Q.

10

In this Schedule “other tax evasion or non-compliance by Q” means conduct by Q that—

a

constitutes an offence of cheating the public revenue or an offence of fraudulent evasion of tax, or

b

makes Q liable to a penalty under any provision of the Taxes Acts,

but does not constitute offshore tax evasion or non-compliance.

11

Nothing in condition B affects the law of evidence as to the relevance if any of a conviction, assessment of a penalty or contract mentioned in sub-paragraph (6) for the purpose of proving that condition A is met in relation to P.

12

In this Schedule “conduct” includes a failure to act.