Taxes Consolidation Act 1997 section 1077

Penalties for failure to make returns, etc. and for deliberately or carelessly making incorrect returns

Section 1077 applies the income tax penalty regime to capital gains tax, so that failures to file returns or the submission of incorrect returns in relation to CGT carry the same penalties as equivalent income tax offences.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.