Prospective
6.—(1) Subject to paragraph (3), “digital records” for a business means [F1records of—
(a)the financial information included in update information,
(b)the details of the items comprised in that financial information,
(c)the amounts of those items and dates on which those items were received or incurred, and
(d)such other information as the Commissioners consider relevant to ascertaining update information as may be specified by a notice made by the Commissioners which is stated to be made further to this regulation.]
F2(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) In respect of the retail sales of the business of a retailer, [F3a relevant person may keep such digital records as may be specified by a notice made by the Commissioners which is stated to be made further to this paragraph].
Textual Amendments
F1Words in reg. 6(1) substituted (14.3.2024) by The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 8(a)
F2Reg. 6(2) omitted (14.3.2024) by virtue of The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 8(b)
F3Words in reg. 6(3) substituted (14.3.2024) by The Income Tax (Digital Requirements) (Amendment) Regulations 2024 (S.I. 2024/167), regs. 1, 8(c)
Commencement Information
I1Reg. 6 in force at 6.4.2026 (as amended by S.I. 2024/167, reg. 3), see reg. 1