# Finance Act 2021, Paragraph 20


Before Part 1 insert—
“ PART A1
Introduction
A1 (1) This Schedule makes provision about the disclosure of information in relation to arrangements, or proposed arrangements, that enable, or might be expected to enable, a person to obtain a tax advantage in relation to VAT or another indirect tax.
(2) Among other things, this Schedule—
(a) imposes duties to provide information to HMRC (and others);
(b) allows HMRC to allocate reference numbers in relation to arrangements and proposed arrangements (in cases where the disclosure duties have been complied with and in other cases);
(c) makes provision about publication of information about arrangements and proposed arrangements, and persons involved in their supply;
(d) makes provision about penalties.”

---
Source: https://www.legislation.gov.uk/ukpga/2021/26/schedule/31/paragraph/20 (the official version)
Page: https://openlegislation.uk/finance-act-2021/schedule-31/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.