188体育

The production of a false certificate of disclosure is not by itself a statutory offence for which a pecuniary penalty is provided under the Taxes Acts, but, if fraudulently given, may amount to a criminal offence (Regina v Hudson, 36TC561). Similarly, a material omission from a signed statement of assets and liabilities may amount to a criminal offence.

Where, apart from deceased cases EM3822, you discover that a false statement of assets and liabilities or certificate of disclosure has been given and there was an omission of either

• an asset with a value of over 拢5,000 as at the date of the statement of assets or at any time during the period covered by the certificate of disclosure, or
• profits or gains or other taxable income during the period covered by the certificate of disclosure totalling more than 拢5,000

the case should be reported to the Evasion Management Team (EMT), before any further action is taken or any question of a settlement or further settlement is discussed.

Otherwise follow the next paragraph.