The International Tax Compliance Regulations 2015 No. 878

Regulation 2(2)(a)

SCHEDULE 2 U.K. Excluded accounts

For the purposes of the DAC and the CRS the following are excluded accounts.

Certain Retirement Accounts or Products U.K.

1.  Pension schemes registered with HMRC under Part 4 of FA 2004 M1 .

Marginal Citations

M1 2004 c. 12.

F1 2.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F1 Sch. 2 para. 2 omitted (13.5.2020) by virtue of The International Tax Compliance (Amendment) Regulations 2020 (S.I. 2020/438), regs. 1, 2(5) (with reg. 3)

3.  Immediate needs annuities within section 725 ITTOIA 2005 M2 . U.K.

Marginal Citations

M2 2005 c. 5.

Certain Tax-favoured Accounts and Products U.K.

4.  An account within the meaning of the Individual Savings Account Regulations 1998 M3 .

Marginal Citations

M3 S.I. 1998/1870, relevantly amended by S.I. 2002/1974, 2007/2119, 2008/704, 2009/1994, 2010/2957, 2011/782 and 2011/1780.

5.  A child trust fund within the meaning of the Child Trust Funds Act 2004 M4 . U.K.

Marginal Citations

M4 2004 c. 6.

F2 6.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F2 Sch. 2 para. 6 omitted (13.5.2020) by virtue of The International Tax Compliance (Amendment) Regulations 2020 (S.I. 2020/438), regs. 1, 2(5) (with reg. 3)

7.  Children's Bonds issued by the UK National Savings and Investments. U.K.

F3 8.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F3 Sch. 2 para. 8 omitted (13.5.2020) by virtue of The International Tax Compliance (Amendment) Regulations 2020 (S.I. 2020/438), regs. 1, 2(5) (with reg. 3)

F4 9.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F4 Sch. 2 para. 9 omitted (13.5.2020) by virtue of The International Tax Compliance (Amendment) Regulations 2020 (S.I. 2020/438), regs. 1, 2(5) (with reg. 3)

10.  Tax Exempt Savings Plans issued by a friendly society within the meaning of the Friendly Societies Act 1992 M5 . U.K.

Marginal Citations

M5 1992 c. 40.

11.  A share incentive plan approved by HMRC under Schedule 2 to ITEPA 2003 M6 . U.K.

Marginal Citations

M6 2003 c. 1.

12.  A SAYE option scheme approved by HMRC under Schedule 3 to ITEPA 2003. U.K.

13.  A CSOP scheme approved by HMRC under Schedule 4 to ITEPA 2003. U.K.

F5 14.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F5 Sch. 2 paras. 14, 15 omitted (20.11.2015) by virtue of The International Tax Compliance (Amendment) Regulations 2015 (S.I. 2015/1839), regs. 1, 2(7)

F5 15.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F5 Sch. 2 paras. 14, 15 omitted (20.11.2015) by virtue of The International Tax Compliance (Amendment) Regulations 2015 (S.I. 2015/1839), regs. 1, 2(7)