OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations revoke earlier appointed day regulations and appoint 1st April 2026 as the day on which sections 60(1) to (3) and 61(2) to (5) of the Finance (No. 2) Act 2017 come into force.

Section 60 amends the Taxes Management Act 1970 by inserting digital reporting and record-keeping provisions in a new section 12C and Schedule A1 to that Act.

Section 61 provides for a power to amend or modify provision of the Taxes Acts in consequence of the provision made by section 60.

A Tax Information and Impact Note has not been prepared for these Regulations as they give effect to previously announced policy and are appointed day regulations.