»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp tax year to which the standard offshore tax penalty relates is dependent on the type of underlying penalty.

Schedule 24 FA 2007 paragraph 1 - Inaccuracy in taxpayer’s document

• »Ê¹ÚÌåÓýapp tax year for income tax or capital gains tax is the tax year to which the document containing the inaccuracy relates.
• For inheritance tax, the tax year is the year, beginning on 6 April and ending on the following 5 April, in which the liability to tax first arose.

Schedule 41 FA 2008 paragraph 1 - Failure to notify

• »Ê¹ÚÌåÓýapp tax year to which the obligation to notify relates.

Schedule 55 FA 2009 paragraph 6 - Penalty for failure to make a return more than 12 months after the filing date

• »Ê¹ÚÌåÓýapp tax year for income tax or capital gains tax is the tax year to which the return or document relates.
• For inheritance tax the tax year is the year, beginning on 6 April and ending on the following 5 April, in the year in which the liability to tax first arose. »Ê¹ÚÌåÓýapp tax year to which the failure to correct penalty relates is dependent on the date of the original non-compliance.

Schedule 18 FA (No2) 2017 paragraph 1 � penalty for failure to correct relevant offshore tax non-compliance

• »Ê¹ÚÌåÓýapp tax year for income tax or capital gains tax is the tax year to which the failure or inaccuracy constituting the relevant offshore tax non-compliance in question relates.
• For inheritance tax the tax year is the year, beginning on 6 April and ending on the following 5 April, in which the liability to tax first arose.