CH82281 - Penalties for Inaccuracies: Calculating the penalty: Potential lost revenue Corporation Tax Group Relief or S458 CTA10: Penalties
You must check the date from which these rules apply for the tax or duty you are dealing with. See CH81011 for full details.
»Ê¹ÚÌåÓýapp penalties apply to companies in a group in the same way as singleton companies.
A penalty applies if a careless or deliberate inaccuracy results in an understatement of the group’s overall tax position.
A penalty also applies if a careless or deliberate inaccuracy results in overstatement of the group’s losses, but the penalty is charged at the discounted rate, see CH82300 and CH82320.