[F1305AIntroductionU.K.
(1)This Part makes provision about the disclosure of information in relation to arrangements, or proposed arrangements, that enable, or might be expected to enable, a person to obtain a tax advantage.
(2)Among other things, this Part—
(a)imposes duties to provide information to HMRC (and others);
(b)allows HMRC to allocate reference numbers in relation to arrangements and proposed arrangements (in cases where the disclosure duties have been complied with and in other cases);
(c)makes provision about publication of information about arrangements and proposed arrangements, and persons involved in their supply;
(d)makes provision about penalties.]
Textual Amendments
F1S. 305A inserted (with application in accordance with Sch. 31 paras. 45, 46 of the amending Act) by Finance Act 2021 (c. 26), Sch. 31 paras. 2, 44