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HMRC internal manual

Compliance Handbook

HM Revenue & Customs
, see all updates

Penalties for failure to file on time: types of penalties for failure to file on time: occasional returns and returns for periods of 6 months or more: 12 months further penalties: offshore matter: amount of penalties involving an offshore matter

This page currently only applies to returns

  • for income tax, capital gains tax and registered pension schemes
  • that involve an offshore matter , and
  • where the relevant filing obligation arises on or after 6 April 2012.

It does not apply to the Construction Industry Scheme (CIS), see CH62300+.

Amount of penalties involving an offshore matter

The rate of 12 month further penalty involving an offshore matter depends on whether the withholding of information was

  • deliberate,
  • deliberate and concealed, or
  • not deliberate, see CH62200.

The percentage then also depends on whether the withheld information is category 1, 2 or 3 information.

Penalty percentages

  Category 1 information Category 2 information Category 3 information
Deliberate and concealed 100% 150% 200%
Deliberate but not concealed 70% 105% 140%
Any other case 5% 5% 5%