Prospective
PART 5U.K.Retail sales of retailers
Retailers – electionsU.K.
15.—(1) This regulation applies to a relevant person who carries on a business of a retailer.
(2) The relevant person may elect in respect of each tax year that the digital records in relation to the retail sales of that business are those specified in a retail sales notice, where such a notice has been made.
Commencement Information
I1Reg. 15 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1
Digital records in relation to retail salesU.K.
16.—(1) The Commissioners may specify in a notice (“a retail sales notice”) digital records in respect of the retail sales of the business of a retailer.
(2) Such digital records may include categories of transactions other than the categories specified in an update notice.
(3) A retail sales notice must be stated to be made further to this regulation.
Commencement Information
I2Reg. 16 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1