{
  "url": "https://openlegislation.uk/revenue-scotland-and-tax-powers-act-2014/section-186",
  "json_url": "https://openlegislation.uk/revenue-scotland-and-tax-powers-act-2014/section-186.json",
  "legislation": "asp/2014/16",
  "legislation_title": "Revenue Scotland and Tax Powers Act 2014",
  "legislation_url": "https://openlegislation.uk/revenue-scotland-and-tax-powers-act-2014",
  "path": "section/186",
  "kind": "section",
  "number": "186",
  "heading": "Penalty for failure to notify under-assessment",
  "text": "(1) A penalty is payable by a person (“P”) where—\n(a) a Revenue Scotland assessment understates P's liability to a devolved tax, and\n(b) P has failed to take reasonable steps to notify Revenue Scotland, within the period of 30 days beginning with the date of the assessment, that it is an under-assessment.\n(2) In deciding what steps (if any) were reasonable, Revenue Scotland must consider—\n(a) whether P knew, or should have known, about the under-assessment, and\n(b) what steps it would have been reasonable to take to notify Revenue Scotland.\n(3) The penalty payable under this section is 30% of the potential lost revenue.\n(4) In this section—\n(a) “Revenue Scotland assessment” includes “Revenue Scotland determination”, and\n(b) accordingly, references to an under-assessment include an under-determination.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 186 in force at 1.4.2015 by S.S.I. 2015/110, art. 2(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/asp/2014/16/section/186",
    "retrieved_at": "2026-10-29T20:14:01.828273+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."
}