The Tax Avoidance Schemes (Information) (Amendment) Regulations 2021

Amendment of the Tax Avoidance Schemes (Information) Regulations 2012

3.  In regulation 6—

(a) in the heading, after “sections 312” insert “, 312ZA”;

(b) for “(duty of promoter to notify client of number)” substitute “(duty of promoter to notify client of number: section 311(2)(1) case), section 312ZA(2) (duty to notify client of reference number: section 311(3) case)”;

(c) in paragraph (a), at the end insert “or the person under the duty in section 312ZA(2)”;

(d) in paragraph (b), for “notifiable arrangements or proposal” substitute “arrangements or proposed arrangements”;

(e) for paragraph (c), substitute—

“(c) the reference number (or if more than one, any one reference number) allocated by HMRC under section 311 (allocation of reference number to arrangements) to—

(i) the arrangements or proposed arrangements; or

(ii) any arrangements substantially the same as the arrangements or proposed arrangements;”;

(f) for paragraph (d)(i), substitute—

“(i) sent to the client by the promoter or the person under the duty in section 312ZA(2); or (as the case may be)”.

(1)

Section 311 of the Finance Act 2004 was substituted by paragraph 5 of Schedule 31 to the Finance Act 2021.