(Notices 700/41 (Late registration penalty) and 700/50 (Default surcharge); HMRC ‘Compliance handbook ’ manual; HMRC ‘VAT – Civil penalties ’ manual)

(In-Depth: ¶59-600ff.)

Offence

Civil penalty

Dishonest conduct by a tax agent (FA 2012, Sch. 38 from 1 April 2013)

• no less than £5,000;

• no more than £50,000;

• but the penalty may be reduced below £5,000 if there are special circumstances;

• also HMRC may publish certain information about the tax agent if the penalty is more than £5,000

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