The Income Tax (Digital Requirements) Regulations 2021

Prospective

PART 3U.K.Quarterly updates

Quarterly updatesU.K.

7.—(1) A relevant person must provide to HMRC update information for a business, as specified in an update notice, in respect of each [F1quarterly update period] for each tax year.

(2) “Quarterly update” means the provision of information required by paragraph (1).

(3) Subject to paragraphs (8), (9) and (10) [F2and regulation 9(1A)], the [F3quarterly update periods] for a tax year are those specified in the following table.

Period
[F4Quarterly update period] 1The period beginning with the first day of the tax year (6th April) and ending with the following 5th July
[F4Quarterly update period] 2The period beginning with the [F5first day of the tax year (6th April)] and ending with the following 5th October
[F4Quarterly update period] 3The period beginning with the [F5first day of the tax year (6th April)] and ending with the following 5th January
[F4Quarterly update period] 4The period beginning with the [F5first day of the tax year (6th April)] and ending with the following 5th April

(4) Each quarterly update must be provided by no later than the quarterly deadline.

(5) The quarterly deadlines for each [F6quarterly update period] are the dates specified in the following table.

Deadline
[F6Quarterly update period] 1 [F77th] August following the end of [F8quarterly update period] 1
[F6Quarterly update period] 2 [F77th] November following the end of [F8quarterly update period] 2
[F6Quarterly update period] 3 [F77th] February following the end of [F8quarterly update period] 3
[F6Quarterly update period] 4 [F77th] May following the end of [F8quarterly update period] 4

(6) A relevant person may make an election under this paragraph for a business in respect of a tax year (“a calendar quarters election”).

(7) A calendar quarters election has effect for the tax year in respect of which it is made and for subsequent tax years until it is withdrawn.

(8) Subject to paragraph (9) [F9and regulation 9(1A)], where a calendar quarters election has effect for a tax year, the [F10quarterly update periods] for that tax year are those specified in the following table.

Period
[F11Quarterly update period] 1The period beginning with 1st April before the beginning of the tax year and ending with the following 30th June
[F11Quarterly update period] 2The period beginning with [F121st April before the beginning of the tax year] and ending with the following 30th September
[F11Quarterly update period] 3The period beginning with [F121st April before the beginning of the tax year] and ending with the following 31st December
[F11Quarterly update period] 4The period beginning with [F121st April before the beginning of the tax year] and ending with the following 31st March

(9) For the first tax year for which a calendar quarters election has effect, [F13each quarterly update period begins with the first day of the tax year (6th April) and ends on the date specified for that quarterly update period in the table in paragraph (8)].

(10) For the tax year following the final tax year for which a calendar quarters election has effect, [F14each quarterly update period begins with the 1st April before the beginning of the tax year and ends on the date specified for that quarterly update period in the table in paragraph (3)].

(11) A calendar quarters election must be made by notice to HMRC [F15before the relevant person provides any update information in relation to the first quarterly update in respect of a quarterly update period for the tax year in respect of which the election is made].

(12) A calendar quarters election may be withdrawn by notice to HMRC at any time.

(13) Where a calendar quarters election is withdrawn, it ceases to have effect—

(a)at the beginning of the tax year in which it is withdrawn, where the withdrawal is made [F16before any update information has been provided for that year]; and

(b)immediately after the end of the tax year in which it is withdrawn, in all other cases.

Textual Amendments

Commencement Information

I1Reg. 7 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1

Update noticesU.K.

8.—(1) “Update notice” means a notice made by the Commissioners which is stated to be made further to this regulation and which specifies update information to be provided to HMRC.

F17(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) For different descriptions of relevant person, different [F18update information] may be specified.

Textual Amendments

Commencement Information

I2Reg. 8 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1

Commencement and cessation of the requirement to provide quarterly updatesU.K.

9.—(1) For the purposes of regulation 7(1), the first [F19quarterly update period] for a business is the period beginning on the digital start date which applies to the business.

[F20(1A) Where a person ceases to carry on a business, the quarterly update period ends on the date of the cessation.]

(2) A final quarterly update for the business is required for the [F21quarterly update period] during which the business ceases [F22to be carried on].

(3) Where paragraph (2) applies, the relevant person must [F23give notice of the cessation, and the date of the cessation, to HMRC on or before the quarterly deadline for the final quarterly update period].

Textual Amendments

Commencement Information

I3Reg. 9 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1

Early provision of update information for [F24quarterly update periods] U.K.

10.—(1) Subject to paragraph (2), a relevant person may provide update information as specified in an update notice for the whole of a [F25quarterly update period] before the end of that period.

(2) A relevant person may do so only if—

(a)the update information is provided by a date (“the provision date”) which is within 10 days before the end of the [F25quarterly update period];

(b)when providing the update information, the relevant person confirms that the update information covers the whole of [F25quarterly update period]; and

(c)the relevant person reasonably expects that no update information will arise in respect of the period commencing with the provision date and ending with the end of the [F25quarterly update period].

Textual Amendments

Commencement Information

I4Reg. 10 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1