The Act Part 6 – Tax Returns, Enquiries and Assessments Penalties for failing to keep and preserve records Section 77 – Reasonable excuse for failure to keep and preserve records
114.This section provides that, if a person satisfies Revenue Scotland (or on appeal the tribunal) that there is reasonable excuse on the person’s behalf for a failure to comply with section 74, then the person is not liable to pay a penalty arising from that failure. The section also set out some circumstances in which reasonable excuse does not apply.