# Revenue Scotland and Tax Powers Act 2014, Section 186: Penalty for failure to notify under-assessment


(1) A penalty is payable by a person (“P”) where—
(a) a Revenue Scotland assessment understates P's liability to a devolved tax, and
(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.
(2) In deciding what steps (if any) were reasonable, Revenue Scotland must consider—
(a) whether P knew, or should have known, about the under-assessment, and
(b) what steps it would have been reasonable to take to notify Revenue Scotland.
(3) The penalty payable under this section is 30% of the potential lost revenue.
(4) In this section—
(a) “Revenue Scotland assessment” includes “Revenue Scotland determination”, and
(b) accordingly, references to an under-assessment include an under-determination.

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Source: https://www.legislation.gov.uk/asp/2014/16/section/186 (the official version)
Page: https://openlegislation.uk/revenue-scotland-and-tax-powers-act-2014/section-186
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.