# Finance Act 2016, Paragraph 8


(1) This paragraph applies for the purposes of paragraph 7.
(2) P discloses a matter by—
(a) telling HMRC about it,
(b) giving HMRC reasonable help in relation to the matter (for example by quantifying an inaccuracy in a document, an inaccuracy attributable to the supply of false information or withholding of information or an under-assessment), and
(c) allowing HMRC access to records for any reasonable purpose connected with resolving the matter (for example for the purpose of ensuring that an inaccuracy in a document, an inaccuracy attributable to the supply of false information or withholding of information or an under-assessment is fully corrected).
(3) P assists HMRC in relation to an investigation leading to Q being charged with a relevant offence or found liable to a relevant penalty by—
(a) assisting or encouraging Q to disclose all relevant facts to HMRC,
(b) allowing HMRC access to records, or
(c) any other conduct which HMRC considers assisted them in investigating or assessing Q's liability to such a penalty.
(4) Disclosure or assistance by P—
(a) is “unprompted” if made at a time when P has no reason to believe that HMRC have discovered or are about to discover Q's offshore tax evasion or non-compliance (including any inaccuracy in a document, supply of false information or withholding of information, or under-assessment), and
(b) otherwise is “prompted”.
(5) In relation to disclosure or assistance, “quality” includes timing, nature and extent.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/20/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-20/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.