{
  "url": "https://openlegislation.uk/finance-act-2008/schedule-41/paragraph-6",
  "json_url": "https://openlegislation.uk/finance-act-2008/schedule-41/paragraph-6.json",
  "legislation": "ukpga/2008/9",
  "legislation_title": "Finance Act 2008",
  "legislation_url": "https://openlegislation.uk/finance-act-2008",
  "path": "schedule/41/paragraph/6",
  "kind": "paragraph",
  "number": "6",
  "heading": null,
  "text": "(1) This paragraph sets out the penalty payable under paragraph 1.\n(2) If the failure is in category 1, the penalty is—\n(a) for a deliberate and concealed failure, 100% of the potential lost revenue,\n(b) for a deliberate but not concealed failure, 70% of the potential lost revenue, and\n(c) for any other case, 30% of the potential lost revenue.\n(3) If the failure is in category 2, the penalty is—\n(a) for a deliberate and concealed failure, 150% of the potential lost revenue,\n(b) for a deliberate but not concealed failure, 105% of the potential lost revenue, and\n(c) for any other case, 45% of the potential lost revenue.\n(4) If the failure is in category 3, the penalty is—\n(a) for a deliberate and concealed failure, 200% of the potential lost revenue,\n(b) for a deliberate but not concealed failure, 140% of the potential lost revenue, and\n(c) for any other case, 60% of the potential lost revenue.\n(5) Paragraph 6A explains the 3 categories of failure.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 41 paras. 6-6D substituted for Sch. 41 para. 6 (6.4.2011) by Finance Act 2010 (c. 13), s. 35(2), Sch. 10 para. 8; S.I. 2011/975, art. 2(1) (with art. 4)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 41 para. 6 in force at 1.4.2010 with effect in accordance with art. 3 by S.I. 2009/511, art. 2"
    }
  ],
  "outstanding_effects": [
    {
      "type": "word substituted",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    },
    {
      "type": "inserted",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    },
    {
      "type": "word substituted",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    },
    {
      "type": "word substituted",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    },
    {
      "type": "word substituted",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    },
    {
      "type": "substituted for Sch. 41 para. 6A(1)",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    },
    {
      "type": "words inserted",
      "affecting": "ukpga/2015/11",
      "affecting_title": "Finance Act 2015"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2008/9/schedule/41/paragraph/6",
    "retrieved_at": "2026-10-29T09:12:06.707101+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}