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Paragraph A1 F1F2

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • Sch. A1 amendment to earlier affecting provision 2017 c. 32, s. 60 by Finance Act 2018 Sch. 6 para. 7(2)(a)
  • Sch. A1 amendment to earlier affecting provision 2017 c. 32, s. 60 by Finance Act 2018 Sch. 6 para. 7(2)(b)
(1)

This Schedule confers powers on the Commissioners to make regulations requiring or authorising certain persons and certain partnerships (“relevant persons” and “relevant partnerships”) to take certain steps relating to digital reporting and record-keeping.

(2)

This Part of this Schedule contains introductory provision, in particular explaining what is meant by a “relevant person” and a “relevant partnership”.

(3)

Part 2 of this Schedule contains the powers to make regulations and sets out the penalties for non-compliance with certain obligations which may be imposed by the regulations.

(4)

Part 3 of this Schedule contains provision about exempting relevant persons or relevant partnerships from requirements imposed by the regulations.

(5)

Part 4 of this Schedule contains supplementary provision.

Annotations

Textual amendments

F1

Sch. A1 inserted (1.4.2026) by Finance (No. 2) Act 2017 (c. 32), s. 60(3)(4) (as amended by Finance Act 2018 (c. 3), Sch. 6 para. 7(2)); S.I. 2026/356, reg. 2

F2

Sch. A1 paras. A1-2 substituted for Sch. A1 paras. 1-4 and cross-heading (1.4.2026) by Finance Act 2026 (c. 11), s. 256(3)(9); S.I. 2026/356, reg. 2

Notes on Part 1

Textual amendments

F2

Sch. A1 Pt. 1 heading substituted (1.4.2026) by Finance Act 2026 (c. 11), s. 256(2)(9); S.I. 2026/356, reg. 2