Sch 10 para 13
(1) Paragraph 15 (reductions for disclosure) is amended as follows. (2) For sub-paragraphs (1) and (2) substitute— (1) If a person who would otherwise be liable to a penalty of a percentage shown in column 1 of the Table (a “standard percentage”) has made a disclosure, HMRC must reduce the standard percentage to one that reflects the quality of the disclosure. (2) But the standard percentage may not be reduced to a percentage that is below the minimum shown for it— (a) in the case of a prompted disclosure, in column 2 of the Table, and (b) in the case of an unprompted disclosure, in column 3 of the Table. (3) Omit sub-paragraphs (3) and (4).