Paragraph 4 I1
Where P discloses a contravention, the Commissioners must reduce the penalty to one that reflects the quality of the disclosure.
If the disclosure is prompted, the penalty may not be reduced below—
in the case of a contravention that is deliberate and concealed, the maximum amount,
in the case of a contravention that is deliberate but not concealed, 35% of the maximum amount, and
in any other case, 20% of the maximum amount.
If the disclosure is unprompted, the penalty may not be reduced below—
in the case of a contravention that is deliberate and concealed, 30% of the maximum amount,
in the case of a contravention that is deliberate but not concealed, 20% of the maximum amount, and
in any other case, 10% of the maximum amount.
Annotations
Commencement
- I1
Sch. 13 para. 4 in force at Royal Assent for specified purposes, see s. 59
Notes on Schedule 13
Textual amendments
- F1
Words in Sch. 13 heading substituted (31.12.2020) by Taxation (Cross-border Trade) Act 2018 (c. 22), s. 57(3), Sch. 8 para. 130(3) (with savings and transitional provisions in S.I. 2019/105 (as amended by S.I. 2020/1495, regs. 1(2), 21), S.I. 2020/1545, Pt. 4 and 2020 c. 26, Sch. 2 para. 7(7)-(9)); S.I. 2020/1642, reg. 4(b) (with reg. 7)
Modifications
- C1
Sch. 13 restricted (31.12.2020) by The Value Added Tax (Miscellaneous Amendments, Revocation and Transitional Provisions) (EU Exit) Regulations 2019 (S.I. 2019/513), regs. 1, 14; S.I. 2020/1641, reg. 2, Sch.
- C2
Sch. 13 restricted (31.12.2020) by The Value Added Tax (Miscellaneous Amendments and Transitional Provisions) (EU Exit) Regulations 2019 (S.I. 2019/1214), regs. 1, 15; S.I. 2020/1641, reg. 2, Sch.