Section 132 Penalty for deliberate inaccuracy in document given to WRA by another personI1

England and Wales

(1)

A person (referred to in this section as “person A”) is liable to a penalty where—

(a)

another person gives WRA a document,

(b)

the document contains a relevant inaccuracy, and

(c)

the inaccuracy was attributable—

(i)

to person A deliberately supplying false information to the other person (whether directly or indirectly), or

(ii)

to person A deliberately withholding information from the other person,

with the intention of the document containing the inaccuracy.

(2)

A “relevant inaccuracy” is an inaccuracy which amounts to, or leads to—

(a)

an understatement of a liability to a F1WRA-collected tax,

(b)

a false or inflated statement of a loss relating to a WRA-collected tax, F2...

(c)

a false or inflated claim to repayment of WRA-collected tax F3, or

(d)

a false or inflated claim for a tax credit.

(3)

Person A is liable to a penalty under this section in respect of an inaccuracy whether or not the other person is liable to a penalty under section 129 in respect of the same inaccuracy.

(4)

The penalty payable under this section is F4an amount not exceeding 100% of the potential lost revenue.

Annotations

Textual amendments

F1: Word in Act substituted (19.9.2025) by Visitor Accommodation (Register and Levy) Etc. (Wales) Act 2025 (asc 5), s. 67(1), Sch. 2 para. 21
F2: Word in s. 132(2) omitted (1.4.2018) by virtue of The Landfill Disposals Tax (Administration) (Wales) Regulations 2018 (S.I. 2018/101), reg. 1(2), Sch. para. 30(a)
F3: S. 132(2)(d) and word inserted (1.4.2018) by The Landfill Disposals Tax (Administration) (Wales) Regulations 2018 (S.I. 2018/101), reg. 1(2), Sch. para. 30(b)
F4: Words in s. 132(4) inserted (1.4.2018) by Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw 1), s. 81(2)(3), Sch. 23 para. 49; S.I. 2018/34, art. 3

Commencement

I1: S. 132 in force at 1.4.2018 by S.I. 2018/33, art. 3

Notes on the whole Act

Textual amendments

F1: Word in Act substituted (19.9.2025) by Visitor Accommodation (Register and Levy) Etc. (Wales) Act 2025 (asc 5), s. 67(1), Sch. 2 para. 21