SCHEDULES
SCHEDULE 17Disclosure of tax avoidance schemes
Identifying scheme users
12
1
Section 313C of FA 2004 (information provided to introducers) is amended as follows.
2
For subsection (1) substitute—
1
This section applies where HMRC suspect—
a
that a person (“P”) is an introducer in relation to a proposal, and
b
that the proposal may be notifiable.
1A
HMRC may by written notice require P to provide HMRC with one or both of the following—
a
prescribed information in relation to each person who has provided P with any information relating to the proposal;
b
prescribed information in relation to each person with whom P has made a marketing contact in relation to the proposal.
3
In subsection (3), for “or by virtue of subsection (1)” substitute “
subsection (1A)
”
.
4
For the heading substitute “
Provision of information to HMRC by introducers
”
.
13
In section 98C of TMA 1970 (notification under Part 7 of FA 2004: penalties), in subsection (2)(f) after “information” insert “
or have been provided with information
”
.