# Finance Act 2008, Paragraph 3


After that paragraph insert—
“Error in taxpayer's document attributable to another person
1A (1) A penalty is payable by a person (T) where—
(a) another person (P) gives HMRC a document of a kind listed in the Table in paragraph 1,
(b) the document contains a relevant inaccuracy, and
(c) the inaccuracy was attributable to T deliberately supplying false information to P (whether directly or indirectly), or to T deliberately withholding information from P, with the intention of the document containing the inaccuracy.
(2) A “relevant inaccuracy” is an inaccuracy which amounts to, or leads to—
(a) an understatement of a liability to tax,
(b) a false or inflated statement of a loss, or
(c) a false or inflated claim to repayment of tax.
(3) A penalty is payable under this paragraph in respect of an inaccuracy whether or not P is liable to a penalty under paragraph 1 in respect of the same inaccuracy.”

---
Source: https://www.legislation.gov.uk/ukpga/2008/9/schedule/40/paragraph/3 (the official version)
Page: https://openlegislation.uk/finance-act-2008/schedule-40/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.