Dishonest tax agents: penalty for dishonest conduct: overview
A tax agent who engages in dishonest conduct, see CH181120, and who has been issued with a conduct notice, see CH182100+, is liable to a penalty. The minimum penalty for dishonest conduct is £5,000 and the maximum penalty is £50,000.
The penalty for dishonest conduct is different from the penalty for failing to comply with a file access notice, see CH183300+.
When deciding the appropriate amount of penalty for dishonest conduct, you must consider
- whether the tax agent disclosed the dishonest conduct, see CH184120+,
- whether that disclosure was prompted or unprompted, see CH184160,
- the quality of that disclosure, see CH184240, and
- the quality of the individual’s compliance with any file access notice that was issued in relation to that dishonest conduct.
In special circumstances, and where the penalty would otherwise be £5,000, we may be able to agree to a special reduction, see CH184500.