Regulation 3 Appointed Day

(1)

1st April 2026 is the day appointed for the coming into force of Schedules 24, 25 and 27 to the Finance Act 2021^f1 (penalties for failure to make returns or deliberately withholding information and consequential amendments), so far as not already in force, for the purposes of failures by digitally obligated persons in relation to returns^f2 which—

(a)

are required to be made in respect of persons other than trustees or partnerships in relation to the tax year 2026-27 or any subsequent tax year, and

(b)

fall within—

(i)

item 1 of the Table in paragraph 2 of Schedule 24, or

(ii)

item 1 of the Table in paragraph 1 of Schedule 25.

(2)

1st April 2026 is the day appointed for the coming into force of Schedules 26 and 27 to the Finance Act 2021^f3 (penalties for failure to pay tax and consequential amendments), so far as not already in force, for the purposes of failures by digitally obligated persons in relation to payments of the tax due on or before the specified date^f4 which—

(a)

are payable in respect of persons other than trustees or partnerships in relation to the tax year 2026-27 or any subsequent tax year, and

(b)

fall within the table relating to income tax or capital gains tax in paragraph 1 of Schedule 26.

Annotations

Footnotes

f1: Relevant amendments to Schedule 24 were made by sections 259 and 262 of the Finance Act 2026. Relevant amendments to Schedule 25 were made by section 259 of the Finance Act 2026.
f2: See paragraph 3(3) of Schedule 24 and paragraph 2(2) of Schedule 25 to the Finance Act 2021 for the meaning of “return”.
f3: Relevant amendments to Schedule 26 were made by section 335 of the Finance (No. 2) Act 2023 (c. 30), S.I. 2025/589 and sections 263 and 264 of the Finance Act 2026.
f4: See paragraph 1 of Schedule 26 to the Finance Act 2021 for the meaning of “tax due” and “specified date”.