Section 264 | Penalties for failure to pay tax due on further appeal

(1)In paragraph 1 of Schedule 56 to FA 2009 (penalty for failure to make payments on time), in item 18 of the Table—

(a)in column 3, after “under section 55” insert “or 56(3)(b)”;

(b)in column 4, after “or (9)” insert “or section 56(3)(b)”.

(2)In paragraph 1(1) of Schedule 26 to FA 2021 (penalties for failure to pay tax), in item 1 of the table relating to income tax or capital gains tax, in columns 2 and 3, after “section 55” insert “or 56(3)(b)”.

(3)The amendment made by subsection (1) has effect in relation to amounts that become payable on or after 1 April 2026.

(4)The amendment made by subsection (2) comes into force—

(a)for the purposes for which the table relating to income tax or capital gains tax in paragraph 1(1) of Schedule 26 to FA 2021 (penalties for failure to pay tax) is in force immediately before 1 April 2026, on 1 April 2026;

(b)for any other purposes, at the same time as that table comes into force for those other purposes.