IHTM36102 - Incorrect account, information or document: types of penalty
Penalties may arise where
- the taxpayer fraudulently or negligently provides (IHTM36103) an incorrect account, information or document (IHTM36101), IHTA84/S247 (1)
- someone who is not liable for tax fraudulently or negligently provides (IHTM36104) incorrect information or an incorrect document, IHTA84/S247 (3)
- someone assists in or induces the delivery (IHTM36105) of an account, information or document which they know to be incorrect, IHTA84/S247 (4).
There are also penalties for failing to remedy an error (IHTM36106) or failing to notify us of an error (IHTM36107) in an account, information or document within a reasonable time of the error being found, IHTA84/S248.