The Indirect Taxes (Disclosure of Avoidance Schemes) Regulations 2017

Paragraph 26(1) and (3) of the Schedule – duty of parties to notifiable arrangements to notify HMRC of number etc

11.—(1) For the purposes of paragraph 26(1) of the Schedule, the prescribed information is—

(a) the name and address of the person (“P”) providing the information;

(b) each reference number;

(c) the accounting period in which, or the date on which, P expects a tax advantage to arise in relation to a relevant indirect tax;

(d) each tax identifier number provided to P;

(e) a declaration made by P which confirms the accuracy and completeness of the information provided and which states whether P is also—

(i) a client;

(ii) another party to the notifiable proposal or notifiable arrangement; or

(iii) an introducer(1) or a promoter in relation to the notifiable proposal or notifiable arrangement.

(2) In paragraph (1), “client” has the same meaning as in paragraph 23(1) or 24(1) of the Schedule, as the case may be.

(3) HMRC may by notice prescribe the time for the giving of the prescribed information described in paragraph (1) in such cases as are prescribed in the notice, how that information must be provided to HMRC and the address to which it must be sent.

(1)

See paragraph 9 of the Schedule for the definition of “introducer”.