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The Income Tax (Digital Requirements) Regulations 2021, Section 2 is up to date with all changes known to be in force on or before 25 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Prospective
2. In these Regulations—
“TMA 1970” means the Taxes Management Act 1970;
“Commissioners” means the Commissioners for Her Majesty’s Revenue and Customs;
F1...
“digital records” has the meaning given by regulation 6;
“the digital requirements” has the meaning given by regulation 3(1);
“digital start date” has the meaning given by regulation 4;
F2...
F3...
“HMRC” means Her Majesty’s Revenue and Customs;
“property business” has the same meaning as it has in section 263(6) of ITTOIA 2005(1);
“quarterly deadline” has the meaning given by regulation 7(5);
[F4“quarterly update period”] has the meaning given by regulation 7;
“quarterly update” has the meaning given by regulation 7(2);
“relevant person” means a person to whom Schedule A1 applies by virtue of paragraph 1 or 2 of Schedule A1, other than a person to whom an exemption applies by virtue of Part 7 or 8 of these Regulations;
“retailer” has the same meaning as it does in Schedule 11 to the Value Added Tax Act 1994(2);
F5...
“Schedule A1” means Schedule A1 of TMA 1970;
“update information” means financial information and other information in respect of the business of a relevant person for a [F6quarterly update period];
“update notice” has the meaning given by regulation 8(1).
Textual Amendments
F1Words in reg. 2 omitted (14.3.2024) by virtue of The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 4(a)(i)
F2Words in reg. 2 omitted (14.3.2024) by virtue of The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 4(a)(ii)
F3Words in reg. 2 omitted (14.3.2024) by virtue of The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 4(a)(iii)
F4Words in reg. 2 substituted (14.3.2024) by The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 4(b)
F5Words in reg. 2 omitted (14.3.2024) by virtue of The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 4(a)(iv)
F6Words in reg. 2 substituted (14.3.2024) by The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 4(c)
Commencement Information
I1Reg. 2 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1
“ITTOIA 2005” is defined in section 118 of TMA 1970. That definition was inserted by paragraphs 357 and 380 of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005 (c. 5).
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