# Finance Act 2021, Paragraph 10


(1) This paragraph applies to determine the penalty points the person has for the new group of returns, on becoming required to make returns for the new group of returns.
(2) If the person has no penalty points for the old group of returns, the person has no penalty points for the new group of returns.
(3) If the person has penalty points for the old group of returns, the number of penalty points the person has for the new group of returns is determined by taking the number of penalty points the person has for the old group of returns and adjusting it in accordance with the table below.
(4) If the adjustment gives a number of less than zero, treat the adjusted number of penalty points as zero.
Column in which old group of returns falls
Column in which new group of returns falls
Adjustment
Column A
Column B
Add 2 penalty points
Column C
Add 3 penalty points
Column B
Column A
Deduct 2 penalty points
Column C
Add 1 penalty point
Column C
Column A
Deduct 3 penalty points
Column B
Deduct 1 penalty point

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Source: https://www.legislation.gov.uk/ukpga/2021/26/schedule/24/paragraph/10 (the official version)
Page: https://openlegislation.uk/finance-act-2021/schedule-24/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.