The Income Tax (Digital Requirements) Regulations 2021

PART 6 Corrections and omissions

Digital records – corrections and omissions

17.—(1) Where a relevant person discovers an error or omission in their digital records, the relevant person must correct the digital records as soon as possible.

(2) Paragraph (3) applies where—

(a) in consequence of such an error or omission a quarterly update is provided to HMRC which contains incorrect or incomplete information; and

(b) an end of period statement has not been provided for the relevant period to which the quarterly update applies.

(3) The relevant person must provide the correct or complete information to HMRC when the relevant person next provides—

(a) a quarterly update; or

(b) the end of period statement,

whichever the relevant person is first required to provide after the digital records are corrected.

End of period statements – amendment by relevant persons

18.—(1) A relevant person may amend an end of period statement which that person has provided.

(2) The relevant person must give notice of the amendment to HMRC.

(3) An amendment may only be made before the earlier of—

(a) the date by which the relevant person is required to comply with a notice to file under section 8 of TMA 1970 for the tax year to which the end of period statement relates; or

(b) the time when the relevant person has so complied.

End of period statements – corrections by HMRC

19.—(1) HMRC may amend an end of period statement so as to correct it.

(2) The corrections which may be made to an end of period statement by virtue of this regulation are corrections of the type as may be made to a return by virtue of section 9ZB(1) of TMA 1970(1).

(3) A correction must be made by notice to the relevant person whose end of period statement it is.

(4) A correction may only be made before the earlier of—

(a) the date by which the relevant person is required to comply with a notice to file under section 8 of TMA 1970 for the tax year to which the end of period statement relates; or

(b) the time when the relevant person has so complied.

(5) A correction is of no effect if the relevant person whose end of period statement it is gives notice rejecting the correction.

(6) Notice of rejection must be given before the end of the period of 30 days beginning with the date on which the notice of correction is given.

(1)

Section 9ZB (correction of personal or trustee return by Revenue) was inserted by paragraph 2 of Schedule 29 to the Finance Act 2001 (c. 9). Subsection (1) is amended by section 119(1) of the Finance Act 2008 (c. 9).