Information & Inspection Powers: Inspection Powers: Involved third parties, relevant information, relevant documents and relevant tax
An involved third party is
- a specific person or body, listed in the legislation, and
- not the person whose relevant tax position is being checked.
The table below sets out
- the specific persons or bodies who are involved third parties
- what are the relevant documents that you can inspect on the premises of those involved third parties, and
- what are the relevant taxes relating to each involved third party.
|Involved third party||Relevant documents||Relevant tax|
|1.||A body approved by an officer of Revenue and Customs for the purpose of paying donations within the meaning of Part 12 of ITEPA 2003 (donations to charity: payroll giving) (see Section 714 of that Act).||Documents relating to the donations.||Income tax|
|2.||A plan manager (see Section 696 of ITTOIA 2005 regarding managers of individual investment plans).||Documents relating to the plan, including investments which are or have been held under the plan.||Income tax|
|3.||An account provider in relation to a child trust fund (as defined in Section 3 of the Child Trust Funds Act 2004).||Documents relating to the fund, including investments which are or have been held under the fund.||Income tax|
|4.||A person who is or has been registered as a managing agent at Lloyd’s in relation to a syndicate of underwriting members of Lloyd’s.||Documents relating to, and to the activities of, the syndicate.||Income tax / Capital gains tax / Corporation tax|
|5.||A person involved (in any capacity) in an insurance business (as defined for the purposes of Part 3 of FA 1994).||Documents relating to contracts of insurance entered into in the course of the business.||Insurance premium tax|
|6.||A person who makes arrangements for persons to enter into contracts of insurance.||Documents relating to the contracts.||Insurance premium tax|
|7.||A person who - (a) is concerned in a business that is not an insurance business (as defined for the purposes of Part 3 of FA 1994), and (b) has been involved in the entry into a contract of insurance providing cover for any matter associated with that business.||Documents relating to the contracts.||Insurance premium tax|
|8.||A person who, in relation to a charge to stamp duty reserve tax on an agreement, transfer, issue, appropriation or surrender, is an accountable person (as defined in Regulation 2 of the Stamp Duty Reserve Tax Regulations S.I. 1986/1711 (as amended from time to time)).||Documents relating to the agreement, transfer, issue, appropriation or surrender.||Stamp duty reserve tax|
|9.||A responsible person in relation to an oil field (as defined for the purposes of Part 1 of OTA 1975).||Documents relating to the oil field.||Petroleum revenue tax|
|10.||A person involved (in any capacity) in subjecting aggregate to exploitation in the United Kingdom (as defined for the purposes of Part 2 of FA 2001) or in connected activities.||Documents relating to matters in which the person is or has been involved.||Aggregates levy|
|11.||A person involved (in any capacity) in making or receiving taxable commodities (as defined for the purposes of Schedule 6 to FA 2000) or in connected activities.||Documents relating to matters in which the person is or has been involved.||Climate change levy|
|12.||A person involved (in any capacity) with any landfill disposal (as defined for the purposes of Part 3 of FA 1996).||Documents relating to the disposal.||Landfill tax|
Note that the ‘relevant information’ was removed from the second column of this table with effect from 1 April 2012 (FA11/SCH232/PARA62). From 1 April 2012, relevant information is obtained from involved third parties using the data-gathering powers in Schedule 23 to Finance Act 2011 (FA11/SCH23), see CH28000.