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HMRC internal manual

Securities Guidance

Introduction and the law: the law on security: Value Added Tax: application of the provisions of sections 145 to 155 of CEMA 1979 to security prosecutions

Section 72(12) of the Value Added Tax Act 1994, as it applies, provides

sections 145 to 155 of the [Customs and Excise] Management Act [1979] (proceedings for offences, mitigation of penalties and certain other matters) shall apply in relation to offences under this Act (which include any act or omission in respect of which a penalty is imposed) and penalties imposed under this Act as they apply in relation to offences and penalties under the customs and excise Acts as defined in that Act…