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Chapter CH124300

Document Cited in Related
Vincent
Published date11 March 2016
Record NumberCH124300

A penalty is chargeable where a person has encouraged, assisted or otherwise facilitated another person to carry out offshore tax evasion or non-compliance, and the two conditions at CH124400 are satisfied.

A person carries out offshore tax evasion or non-compliance if they

  • commit a relevant offence, or
  • engage in conduct that makes them liable to a relevant penalty relating to income tax, capital gains tax or inheritance tax.
Relevant offences

The relevant offences are

  • cheating the public revenue involving offshore activity
  • fraudulent evasion of income tax involving offshore activity (TMA70/S106A)
  • failing to give notice of being chargeable to tax, when chargeable to income tax or capital gains tax by reference, in whole or in part, to offshore income, assets or activities (TMA70/S106B)
  • failing to deliver a return when chargeable to income tax or capital gains tax by reference, in whole or in part, to offshore income, assets or activities (TMA70/S106C)
  • making an inaccurate return when...

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