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Contents

Legislation
Inheritance Tax Act 1984

Crossheading Penalties

  • Section 245 Failure to deliver accounts.
  • Section 245A Failure to provide information etc.
  • Section 246 Failure to appear before Special Commissioners, etc.
  • Section 247 Provision of incorrect information.
  • Section 248 Failure to remedy errors.
  • Section 249 Recovery of penalties.
  • Section 250 Time limit for recovery.
  • Section 251 Appeals against summary determination of penalties.
  • Section 252 Effect of award by the tribunal.
  • Section 253 Mitigation of penalties.
  1. Penalties
  2. Provision of incorrect information.

Section 247 | Provision of incorrect information.

From legislation.gov.uk

(1)RepealedF1

(2)RepealedF1

(3)Any person not liable for tax on the value transferred by a chargeable transfer who fraudulently or negligently furnishes or produces to the Board any incorrect information or document in connection with the transfer shall be liable to a penalty not exceeding £3,000.F2

(4)RepealedF3

Notes

  1. F1

    S. 247(1)(2) omitted (1.4.2009) by virtue of Finance Act 2008 (c. 9), s. 122, Sch. 40 para. 21(c)(i); S.I. 2009/571, art. 2

  2. F2

    Words in s. 247(3) substituted (with effect as mentioned in s. 295(9) of the amending Act) by Finance Act 2004 (c. 12), s. 295(4)(b)

  3. F3

    S. 247(4) omitted (1.4.2013) by virtue of Finance Act 2012 (c. 14), s. 223, Sch. 38 para. 52 (with Sch. 38 para. 43); S.I. 2013/279, art. 2

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