Taxes Management Act 1970 section 106G

Penalties for offences under sections 106B to 106D

Section 106G sets out the criminal penalties that apply when a person is convicted of an offshore tax offence under sections 106B, 106C or 106D — that is, failing to notify chargeability, failing to deliver a return, or making an inaccurate return involving offshore income, assets or activities.

• Offences under sections 106B to 106D are criminal offences triable by summary conviction in a magistrates' or sheriff court.
• In England and Wales, the maximum penalty is an unlimited fine, imprisonment for up to 51 weeks, or both.
• In Scotland or Northern Ireland, the maximum penalty is a fine up to level 5 on the standard scale (currently £5,000), imprisonment for up to 6 months, or both.
• Until section 281(5) of the Criminal Justice Act 2003 is brought into force, the maximum prison term in England and Wales is also 6 months rather than 51 weeks.