[Part I Application]
Taxes Management Act 1970 (1970 c 9) | Legislation

[SCHEDULE A1 Digital Reporting and Record-Keeping]

[Section 12C]

[Part I Application]

[Application: persons

1

(1)     This Schedule applies to a person within the charge to income tax who, otherwise than in partnership, carries on (or has carried on)—

(a)     a trade, profession or vocation the profits of which are chargeable to income tax under Part 2 of ITTOIA 2005,

(b)     a property business the profits of which are chargeable to income tax under Part 3 of ITTOIA 2005, or

(c)     any other activity which may give rise to profits or other income chargeable to income tax under Part 2 or 3 of ITTOIA 2005.

(2)     This is subject to paragraph 2.

2

(1)     This Schedule does not apply to—

(a)     the trustees of a charitable trust, or

(b)     the trustees of an exempt unauthorised unit trust (within the meaning of the Unauthorised Unit Trusts (Tax) Regulations 2013 (SI 2013/2819)),

unless

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