Section 421JD — Income Tax (Earnings and Pensions) Act 2003: Penalty if information not given correctly

Penalty if information not given correctly 421JD 1 This section applies if a return under section 421JA, or any information accompanying such a return—

a is given otherwise than in accordance with section 421JB, or b contains a material inaccuracy—

i which is careless or deliberate, or ii which is not corrected as required by section 421JA(6).

2 The person in question is liable for a penalty of an amount decided by HMRC.

3 The penalty must not exceed £5,000.

4 For the purposes of subsection (1)(b)(i) an inaccuracy is careless if it is due to a failure by the person in question to take reasonable care.