CH25360 - 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 as amended by Schedule 12 FA 2018). | 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.