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Contents

Official guidance
International Exchange of Information Manual

IEIM905400 · Circumstances in which a Penalty will not Apply

  • IEIM905410 · Reasonable Care
  • IEIM905420 · Reasonable Excuse
  1. Circumstances in which a Penalty will not Apply
  2. Reasonable Care

IEIM905410 | Reasonable Care

From HM Revenue & Customs · International Exchange of Information Manual

Where an inaccuracy in a document or an incomplete report has been made despite the person having taken reasonable care to get things right, no penalty will be due.

Reasonable care is a widely used concept in tax law and additional guidane on its general application may be found at:

https://www.gov.uk/guidance/reasonable-care-tax-returns-and-other-documents

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