Regulation 7 Digital obligation tax years
(1)
The digital obligation tax years are the tax years—
(a)
beginning with the tax year in which the digital start date for the relevant activity falls, and
(b)
ending with the tax year in which the digital termination date for the relevant activity falls.
(2)
However—
(a)
where the digital termination date is earlier than the digital start date, there are no digital obligation tax years;
(b)
where a person’s digital start date is 1st April in a tax year, the digital obligation tax years begin with the following tax year.