Part 1 Meeting the Threshold Conditions: General
Finance Act 2014 (2014 c 26) | Legislation

SCHEDULE 34 Promoters of Tax Avoidance Schemes: Threshold Conditions

Section 237

Part 1 Meeting the Threshold Conditions: General

Meaning of “threshold conditionâ€

1

Each of the conditions described in paragraphs 2 to 12 is a “threshold conditionâ€.

Deliberate tax defaulters

2

A person meets this condition if the Commissioners publish information about the person in reliance on section 94 of FA 2009 (publishing details of deliberate tax defaulters).

Breach of the Banking Code of Practice

3

A person meets this condition if the person is named in a report under section 285 as a result of the Commissioners determining that the person breached the Code of Practice on Taxation for Banks by reason of promoting arrangements which the person cannot have reasonably believed achieved a tax result which was intended by Parliament.

Dishonest tax agents

4

A person meets this condition if the person is given a conduct notice under paragraph 4 of Schedule 38 to FA 2012 (tax agents: dishonest conduct) and either—

(a)     the time period during which a notice of appeal may be given in relation to the notice has expired, or

(b)     an appeal against the notice has

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