Amendment of the Income Tax (Digital Requirements) Regulations 20218
In regulation 6—
a
in paragraph (1), for the words from “records of” to the end substitute—
records of—
a
the financial information3 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.
b
omit paragraph (2);
c
in paragraph (3), for the words from “if” to the end substitute “a 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”
.