What happens if small errors are deliberate?

If small errors are deliberate, they incur a penalty because intentional inaccuracies in tax reporting or compliance indicate a clear disregard for legal obligations. Tax authorities view deliberate errors as a form of misconduct or tax evasion, which is taken very seriously. When errors are made knowingly, the offending party may face punitive measures, including financial penalties designed to deter such behavior in the future.

While it is possible to correct errors, this typically applies to honest mistakes rather than deliberate actions. Reporting deliberate errors to HMRC is also a possibility, but this would generally be part of rectifying an instance of misconduct rather than a direct consequence of the action itself. Ignoring these errors is not an advisable course, as it may lead to more significant penalties or consequences later on. Thus, recognizing that deliberate errors attract penalties underscores the importance of accuracy and integrity in tax reporting.