It is now possible to manually report arrangements between the UK and EU member states under the mandatory disclosure reporting regime (commonly known as DAC 6).
Prior to 3 March reports could only be made by uploading a .xml file containing the reportable information. HMRC guidance has been updated confirming that it is possible to use a manual form to upload the information instead.
Either method can now be used on the online form on gov.uk.
ICAEW’s Tax Faculty reminds taxpayers and agents that they must register before they are able to report arrangements.
The faculty outlined the arrangements that need to be reported and who needs to report in “Final call for first UK DAC 6 reporting deadline”.
ICAEW Know-How from the Tax Faculty
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