{
  "url": "https://openlegislation.uk/finance-act-2021/schedule-25/paragraph-1",
  "json_url": "https://openlegislation.uk/finance-act-2021/schedule-25/paragraph-1.json",
  "legislation": "ukpga/2021/26",
  "legislation_title": "Finance Act 2021",
  "legislation_url": "https://openlegislation.uk/finance-act-2021",
  "path": "schedule/25/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "(1) 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.\n(2) Paragraph 20 provides for this Schedule to apply with modifications where the return relates to a partnership.\nTax to which return relates\nReturn\n1\nIncome tax or capital gains tax\n(1) Return under section 8 of TMA 1970\n(2) Accounts, statement or document required under section 8(1)(b) of TMA 1970\n2\nIncome tax or capital gains tax\n(1) Return under section 8A of TMA 1970\n(2) Accounts, statement or document required under section 8A(1)(b) of TMA 1970\n3\nIncome tax or corporation tax\n(1) Return under section 12AA(2)(a) or (3)(a) of TMA 1970\n(2) Accounts, statement or document required under section 12AA(2)(b) or (3)(b) of TMA 1970\n4\nIncome tax or corporation tax\nReturn under regulations under paragraph 10 of Schedule A1 to TMA 1970\n5\nVaping products duty\nVaping products duty return under regulations under section 45 of TCTA 2018.\n(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 25 para. 1 Table inserted (18.3.2026) by Finance Act 2026 (c. 11), Sch. 15 para. 1(4)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sch. 25 para. 1(3) omitted (18.3.2026) by virtue of Finance Act 2026 (c. 11), s. 259(8)(b)(9)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Sch. 25 para. 1(4) omitted (18.3.2026) by virtue of Finance Act 2026 (c. 11), s. 259(8)(b)(9)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 25 para. 1 in force at 6.4.2024 for specified purposes by S.I. 2024/440, reg. 2(1)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 25 para. 1 in force at 1.4.2026 for specified purposes by S.I. 2026/370, reg. 3(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/26/schedule/25/paragraph/1",
    "retrieved_at": "2026-10-29T08:58:11.025653+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."
}