Tax Credits Act 2002 section 34

Supplementary

Section 34 introduces Schedule 2 to the Act, which contains supplementary provisions relating to the penalties regime for tax credits.

• Section 34 is a brief signposting provision that gives legal effect to Schedule 2 of the Tax Credits Act 2002.
• Schedule 2 contains the detailed supplementary rules governing how penalties under the tax credits system are administered and enforced.
• The substantive penalty provisions are set out in the preceding sections of the Act, while Schedule 2 deals with the supporting procedural and administrative framework.
• In practice, accountants advising clients on tax credits compliance should refer to Schedule 2 for the detailed mechanics of how penalties are calculated, assessed, and appealed.