{
  "url": "https://openlegislation.uk/finance-act-2020/schedule-8/paragraph-57",
  "json_url": "https://openlegislation.uk/finance-act-2020/schedule-8/paragraph-57.json",
  "legislation": "ukpga/2020/14",
  "legislation_title": "Finance Act 2020",
  "legislation_url": "https://openlegislation.uk/finance-act-2020",
  "path": "schedule/8/paragraph/57",
  "kind": "paragraph",
  "number": "57",
  "heading": null,
  "text": "(1) If HMRC think it right because of special circumstances, they may reduce a penalty under this Part of this Schedule.\n(2) In sub-paragraph (1) “special circumstances” does not include—\n(a) ability to pay, or\n(b) the fact that a potential loss of revenue from one taxpayer is balanced by a potential over-payment by another.\n(3) In sub-paragraph (1) the reference to reducing a penalty includes a reference to—\n(a) staying a penalty, and\n(b) agreeing a compromise in relation to proceedings in respect of a penalty.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2020/14/schedule/8/paragraph/57",
    "retrieved_at": "2026-10-29T09:01:44.314864+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."
}