IHTM36104 | Incorrect account, information or document: s.247(3) penalty
From HM Revenue & Customs · Inheritance Tax Manual
applies if a person who is not liable for the tax fraudulently or negligently
furnishes incorrect information, or
produces an incorrect document
to the Board.
The maximum penalty payable for accounts, documents or information delivered after 22 July 2004 is £3,000
For accounts, documents or information delivered between 22 July 1999 and 22 July 2004 the maximum penalty is
in the case of negligence, £1,500
in the case of fraud, £3,000.
A lower penalty applied to information or documents that were furnished or produced before 27 July 1999.
You should refer any case where you think that might apply to your B2 manager.