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HMRC internal manual

Compliance Handbook

Dishonest tax agents: penalty for dishonest conduct: maximum and minimum penalties

The maximum penalty for dishonest conduct is £50,000, and the minimum penalty is £5,000.

Although there are not different maximum and minimum penalty amounts where there has been a disclosure, we do have regard to the disclosure when we assess the amount of the penalty.

Unless there is a special reduction, see CH184500, the minimum penalty for dishonest conduct is £5,000, even if the tax agent makes a disclosure.

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