Regulation 17 Correction of digital records and quarterly updates

(1)

A relevant person who—

(a)

keeps a digital record, and

(b)

discovers that there is an error or omission in that record,

must use functional compatible software to correct that record and must do so as soon as possible.

(2)

A relevant person who—

(a)

gives a quarterly update, and

(b)

discovers that there is an error or omission in that update,

must use functional compatible software to give HMRC the correct or complete information which should have been included in that update.

(3)

If the quarterly update mentioned in paragraph (2) is for—

(a)

quarterly update period 4 associated with a digital obligation tax year, or

(b)

the quarterly update period in which the digital termination date falls,

the person must give the information mentioned in that paragraph to HMRC no later than the date on which the person is required to deliver a return for the digital obligation tax year with which the quarterly update period is associated.

(4)

Otherwise, the person must give HMRC that information no later than the date on which the person is next required to give HMRC a quarterly update.