The Finance Act 2010, Schedule 17 (Appointed Day) Order, SI 2010/3019, appoints 1 January 2011 as the day on which the amendments to FA 2004 Part 7 (disclosure of tax avoidance schemes) come into force.
Those amendments:
bring forward the obligation to disclose a scheme to the time a promoter first takes steps to market it;
require promoters to provide periodic lists of clients who have implemented schemes; and
require intermediaries who market schemes to provide information leading to the identification of the promoter.
The Finance Act 2010, Schedule 17 (Appointed Day) Order, SI 2010/3019, appoints 1 January 2011 as the day on which the amendments to FA 2004 Part 7 (disclosure of tax avoidance schemes) come into force.
Those amendments:
bring forward the obligation to disclose a scheme to the time a promoter first takes steps to market it;
require promoters to provide periodic lists of clients who have implemented schemes; and
require intermediaries who market schemes to provide information leading to the identification of the promoter.
