Section 8P Penalties under section 8O: special reductionF1
(1)
If the Commissioners think it right because of special circumstances, they may reduce a penalty under section 8O.
(2)
In subsection (1) “special circumstances” does not include ability to pay.
(3)
In subsection (1) the reference to reducing a penalty includes a reference to—
(a)
staying a penalty, and
(b)
agreeing a compromise in relation to proceedings for a penalty.
Annotations
Textual amendments
- F1
Ss. 8K-8U inserted (6.12.2016 except for the insertion of s. 8L(1), 1.4.2017 in so far as not already in force) by Finance Act 2016 (c. 24), s. 179(1)(5); S.I. 2016/1171, reg. 2(2)(3)