Regulation 4 Appointed days for all remaining purposes

(1)

The appointed days on which Chapter 1 of Part 7 of the Finance Act 2026, so far as it is not already in force, comes into force for all remaining purposes are—

(a)

in relation to a tax adviser in the first tranche, 18th August 2026;

(b)

in relation to a tax adviser in the second tranche, 18th November 2026;

(c)

in relation to a tax adviser in the third tranche, 18th February 2027;

(d)

in relation to a tax adviser in the fourth tranche, 1st April 2027.

(2)

A tax adviser is in the first tranche if they are not in any other tranche.

(3)

A tax adviser is in the second tranche if—

(a)

immediately before 18th August 2026, they do not have an Agent Services Account, but do have a specified tax account, and

(b)

they do not fall within the third tranche or the fourth tranche.

(4)

A tax adviser is in the third tranche if—

(a)

immediately before 18th August 2026, they do not have an Agent Services Account,

(b)

in the period beginning with 18th August 2026 and ending with 17th February 2027, their only tax adviser activities are payroll services, and

(c)

they do not fall within the fourth tranche.

(5)

A tax adviser is in the fourth tranche if—

(a)

immediately before 18th August 2026, they do not have an Agent Services Account, and

(b)

in the period beginning with 18th August 2026 and ending with 31st March 2027—

(i)

their business consists, to a substantial extent, of carrying on one or more regulated activities, or

(ii)

their clients are, to a substantial extent, group undertakings in relation to the tax adviser, and one or more of the tax adviser’s group undertakings has a business which consists, to a substantial extent, of carrying on one or more regulated activities.