Paragraph 6A F1
Where—
(a)
a penalty has been imposed on a person under paragraph 1 of Schedule 18 to FA 2017, and
(b)
the potential loss of revenue threshold has been met,
only one asset-based penalty is payable by the person in relation to any given asset.
Annotations
Textual amendments
- F1
Sch. 22 para. 6A inserted (with effect in accordance with Sch. 18 paras. 2-13 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 18 para. 28(6)