SCHEDULES
C1SCHEDULE 17Disclosure of tax avoidance schemes: VAT and other indirect taxes
PART 1Duties to disclose avoidance schemes etc
Provision of information to HMRC by introducers
I131
1
This paragraph applies where HMRC suspect—
a
that a person (P) is an introducer in relation to a proposal, and
b
that the proposal may be notifiable.
2
HMRC may by written notice require P to provide HMRC with one or both of the following—
a
prescribed information in relation to each person who has provided P with any information relating to the proposal,
b
prescribed information in relation to each person with whom P has made a marketing contact in relation to the proposal.
3
A notice must specify the proposal to which it relates.
4
P must comply with a requirement under or sub-paragraph(2) within—
a
the relevant period, or
b
such longer period as HMRC may direct.
5
In sub-paragraph (4) “the relevant period” is the period of 11 days beginning with the day on which the notice under sub-paragraph (2) is given.
Sch. 17 modified (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by 1994 c. 23, Sch. 9ZA para. 80 (as inserted by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 2 para. 2 (with s. 3(4), Sch. 2 para. 7(7)-(10)); S.I. 2020/1642, reg. 9)