{
  "url": "https://openlegislation.uk/finance-act-2013/schedule-50/paragraph-14",
  "json_url": "https://openlegislation.uk/finance-act-2013/schedule-50/paragraph-14.json",
  "legislation": "ukpga/2013/29",
  "legislation_title": "Finance Act 2013",
  "legislation_url": "https://openlegislation.uk/finance-act-2013",
  "path": "schedule/50/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": null,
  "text": "(1) Paragraph 11 (assessment of penalty) is amended as follows.\n(2) For sub-paragraph (4A) substitute—\n“(4A) If an assessment in respect of a penalty is based on an amount of tax due or payable that is found by HMRC to be excessive, HMRC may by notice to P amend the assessment so that it is based upon the correct amount.\n(4B) An amendment made under sub-paragraph (4A)—\n(a) does not affect when the penalty must be paid;\n(b) may be made after the last day on which the assessment in question could have been made under paragraph 12.”\n(3) Omit sub-paragraph (5).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/29/schedule/50/paragraph/14",
    "retrieved_at": "2026-10-29T09:08:06.076240+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."
}