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Schedule 41 Penalties: failure to notify and certain VAT and excise wrongdoingC1C2C3

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • Sch. 41 para. 6(2)(b) word substituted by Finance Act 2015 Sch. 20 para. 10(3)(b)
  • Sch. 41 para. 6(1A) inserted by Finance Act 2015 Sch. 20 para. 10(2)
  • Sch. 41 para. 6(2)(a) word substituted by Finance Act 2015 Sch. 20 para. 10(3)(a)
  • Sch. 41 para. 6(2)(c) word substituted by Finance Act 2015 Sch. 20 para. 10(3)(c)
  • Sch. 41 para. 6(5) word substituted by Finance Act 2015 Sch. 20 para. 10(4)
  • Sch. 41 para. 6A(A1)(1) substituted for Sch. 41 para. 6A(1) by Finance Act 2015 Sch. 20 para. 11(2)
  • Sch. 41 para. 13(3) Table words inserted by Finance Act 2015 Sch. 20 para. 13
  1. Failure to notify etc
  2. Issue of invoice showing VAT by unauthorised person
  3. Putting product to use that attracts higher duty
  4. Involvement in landfill disposal by unregistered person
  5. Handling goods subject to unpaid excise duty etc
  6. Degrees of culpability
  7. Amount of penalty: standard amount
  8. Potential lost revenue
  9. Reductions for disclosure
  10. Special reduction
  11. Interaction with other penalties and late payment surcharges
  12. Assessment
  13. Appeal
  14. Reasonable excuse
  15. Agency
  16. Companies: officers' liability
  17. Double jeopardy
  18. Interpretation
  19. Consequential repeals

Annotations

Modifications

C1

Sch. 41 modified (with effect in accordance with s. 42(2), Sch. 12 para. 29(1) of the amending Act) by Finance Act 2018 (c. 3), Sch. 12 paras. 33, 34

C2

Sch. 41 applied (with modifications) (22.7.2020) by Finance Act 2020 (c. 14), Sch. 16 para. 11(6) (with Sch. 16 para. 11(7))

C3

Sch. 41 applied (with modifications) (22.7.2020) by Finance Act 2020 (c. 14), Sch. 16 para. 13