# The Finance Act 2021 (Increase in Schedule 26 Penalty Percentages) Regulations 2025, Regulation 2: Amendment of Schedule 26 to the Finance Act 2021


(1) Schedule 26 to the Finance Act 2021 is amended as follows.
(2) In paragraph 5 (first penalty: tax remains due at end of 15 day period)—
(a) in sub-paragraph (4) for “2%” substitute “3%”;
(b) in sub-paragraph (5) for “2%” substitute “3%”.
(3) In paragraph 8 (second penalty: tax remains due at end of 30 day period), in sub-paragraph (3), for “4%” substitute “10%”.

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Source: https://www.legislation.gov.uk/uksi/2025/589/regulation/2 (the official version)
Page: https://openlegislation.uk/finance-act-2021-increase-in-schedule-26-penalty-percentages-regulations-2025/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.