{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-47/paragraph-15",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-47/paragraph-15.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/47/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "After that paragraph insert—\n“Penalties for inaccurate information and documents\n40A (1) This paragraph applies if—\n(a) in complying with an information notice, a person provides inaccurate information or produces a document that contains an inaccuracy, and\n(b) condition A or B is met.\n(2) Condition A is that the inaccuracy is careless or deliberate.\n(3) An inaccuracy is careless if it is due to a failure by the person to take reasonable care.\n(4) Condition B is that the person—\n(a) discovers the inaccuracy some time later, and\n(b) fails to take reasonable steps to inform HMRC.\n(5) The person is liable to a penalty not exceeding £3,000.\n(6) Where the information or document contains more than one inaccuracy, a penalty is payable for each inaccuracy.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/47/paragraph/15",
    "retrieved_at": "2026-10-29T09:11:08.872832+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."
}