(In-Depth: ¶181-350ff.)

Provision

Infringement penalised(9)

Maximum penalty

TMA 1970

Other

Failure to notify chargeability(1)

Standard amount

FA 2008, Sch. 41, para. 1, 6

• deliberate and concealed act or failure

100% of potential lost revenue

• deliberate but not concealed act or failure

70% of potential lost revenue

• any other case

30% of potential lost revenue

Failure to make return(2)

Fixed rate penalty(3)

s. 94(1), (5)

FA 1998, Sch. 18, para. 17(2), (3)

• up to 3 months after filing

 date

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