# Finance Act 2026, Section 210: Penalties for an incorrect declaration

Extent: E+W+S+N.I.

(1) A person who makes a declaration under section 209(2) and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.
(2) Where—
(a) a person (“A”) provides a declaration under a provision listed in section 209(5) which is made under section 209(2) by another person,
(b) the declaration includes incorrect information, and
(c) A knew, or could reasonably have been expected to have known, that the information was incorrect,
A is liable to a penalty not exceeding £10,000.
(3) For the purposes of subsection (1), incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.

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Source: https://www.legislation.gov.uk/ukpga/2026/11/section/210 (the official version)
Page: https://openlegislation.uk/finance-act-2026/section-210
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.