s 44 Penalties for providing inaccurate information or documents
(1) A person is liable to a penalty under this section if— (a) in complying with a notice under section 26, the person provides inaccurate information or provides a document that contains an inaccuracy, and (b) condition A, B or C is met. (2) Condition A is that the inaccuracy is careless or deliberate. An inaccuracy is careless if it is due to a failure by the person to take reasonable care. (3) Condition B is that the person knows of the inaccuracy at the time the information or document is provided but does not inform HMRC at that time. (4) Condition C is that the person— (a) discovers the inaccuracy some time later, and (b) fails to take reasonable steps to inform HMRC. (5) The amount of a penalty under this section may not exceed £3,000. (6) Regulations may amend subsection (5) so as to substitute a different amount for the amount for the time being specified there.