Released 09 September 2021
SI 2021/979 amends the Indirect Taxes (Disclosure of Avoidance Schemes) Regulations 2017 (SI 2017/1215) to reflect changes made to Finance (No. 2) Act 2017, Sch. 17 and Finance Act 2004, Pt. 7.
Finance Act 2021, Sch. 31 amended the reporting obligations in relation to direct and indirect tax avoidance schemes in Finance Act 2004, Pt. 7 (known as DOTAS) and Finance (No. 2) Act 2017, Sch. 17 (known as DASVOIT) respectively. The purpose of these instruments is to amend the existing regulations governing the information that must be provided under DOTAS and DASVOIT and the time limits for doing so to ensure the amendments made in Finance Act 2021, Sch. 31 operate correctly.
The regulations come into force on 30 September 2021.