Savings (Government Contributions) Act 2017

Claims and returns U.K.

18 (1) Treasury regulations may— U.K.

(a) provide that a bonus is payable only if a claim for it is made in accordance with Treasury regulations;

(b) require a person who is or was an authorised account provider to make a claim for a bonus in respect of a Help-to-Save account.

(2) With regards to claims for bonuses, Treasury regulations may—

(a) specify the periods within which claims are to be made;

(b) specify the information to be included in claims;

(c) specify the periods to which claims are to relate;

(d) specify the form or manner in which claims are to be made;

(e) make provision about the assessment of claims;

(f) specify steps to be taken if a claim is rejected in whole or part;

(g) confer rights to a review of a rejection of a claim;

(h) make provision for or in connection with appeals against rejections of claims;

(i) provide for amendment of a claim if errors are found in it.

(3) Treasury regulations may authorise HMRC to specify any of the matters mentioned in sub-paragraph (2)(b) to (d).

(4) Treasury regulations may make provision for requiring a person who is or was an authorised account provider—

(a) to keep records relating to a Help-to-Save account;

(b) to submit returns of information relating to the operation of a Help-to-Save account.

(5) The provision that may be made under sub-paragraph (4)(b) includes (in particular) information about—

(a) the information to be included in a return;

(b) the form of a return;

(c) the period to which a return must relate;

(d) the form or manner in which a return is to be submitted;

(e) the period within which a return must be made;

(f) enquiries into, and amendments of, a submitted return.

(6) Treasury regulations may authorise HMRC to specify any of the matters mentioned in sub-paragraph (5)(a) to (d).