Paragraph 1 I1I2
This Schedule provides for penalties to be payable by a person who, by failing to make a return listed in the third column of the Table below on or before the due date, deliberately withholds information which would enable or assist HMRC to assess the person's liability to tax.
Paragraph 20 provides for this Schedule to apply with modifications where the return relates to a partnership.
| Tax to which return relates | Return | |
|---|---|---|
| 1 | Income tax or capital gains tax | (1) Return under section 8 of TMA 1970 (2) Accounts, statement or document required under F1section 8(1)(b) of TMA 1970 |
| 2 | Income tax or capital gains tax | (1) Return under section 8A of TMA 1970 (2) Accounts, statement or document required under F2section 8A(1)(b) of TMA 1970 |
| 3 | Income tax or corporation tax | (1) Return under section 12AA(2)(a) or (3)(a) of TMA 1970 (2) Accounts, statement or document required under section 12AA(2)(b) or (3)(b) of TMA 1970 |
| 4 | Income tax or corporation tax | Return under regulations under paragraph 10 of Schedule A1 to TMA 1970 |
| F35 | Vaping products duty | Vaping products duty return under regulations under section 45 of TCTA 2018. |
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Annotations
Textual amendments
- F1
Words in Sch. 25 para. 1 Table substituted (1.4.2026 for the purposes for which the amended provision is in force immediately before that date and for all other purposes at the same time as the amended provision comes into force for those purposes) by Finance Act 2026 (c. 11), s. 259(8)(a)(i)(10)
- F2
Words in Sch. 25 para. 1 Table substituted (1.4.2026 for the purposes for which the amended provision is in force immediately before that date and for all other purposes at the same time as the amended provision comes into force for those purposes) by Finance Act 2026 (c. 11), s. 259(8)(a)(ii)(10)
- F3
Words in Sch. 25 para. 1 Table inserted (18.3.2026) by Finance Act 2026 (c. 11), Sch. 15 para. 1(4)
- F4
Sch. 25 para. 1(3) omitted (18.3.2026) by virtue of Finance Act 2026 (c. 11), s. 259(8)(b)(9)
- F5
Sch. 25 para. 1(4) omitted (18.3.2026) by virtue of Finance Act 2026 (c. 11), s. 259(8)(b)(9)
Commencement
- I1
Sch. 25 para. 1 in force at 6.4.2024 for specified purposes by S.I. 2024/440, reg. 2(1)
- I2
Sch. 25 para. 1 in force at 1.4.2026 for specified purposes by S.I. 2026/370, reg. 3(1)
Notes on Schedule 25
Modifications
- C1
Sch. 25 applied (with modifications) (1.4.2026) by S.I. 2009/470, reg. 40(5)(6) (as inserted by The Education (Student Fees, Awards, Support and Loan Repayments) (Amendment) Regulations 2026 (S.I. 2026/130), regs. 1(4), 35(b))