Regulation 10 Annual tax on enveloped dwellings

After regulation 10(6) insert—

“(6A)

In the case of a person who—

(a)

expects an advantage to arise in respect of that person’s liability to pay, entitlement to a repayment of, or deferment of the liability to pay, annual tax on enveloped dwellings as a result of notifiable arrangements; and

(b)

is not required to make a return to HMRC under section 159 of the Finance Act 2013 in respect of a transaction forming part of the notifiable arrangements within a period of 30 days beginning with the later of—

(i)

the effective date of the first transaction which forms part of the arrangements; or

(ii)

the date of the receipt of the reference number allocated under the provisions of section 311;

the prescribed information shall be provided separately to HMRC.”.