ETASSUM27110 - Schedule 2 share incentive plan (SIP): Notification & Enquiries: Information powers
- Paragraph 93 provides the authority for an officer of HMRC to request information from companies with a Schedule 2 SIP:
- which the officer reasonably requires for the performance of any functions of HMRC or an officer of HMRC under the SIP code, and
- which the person to whom the notice is addressed can reasonably obtain.
In particular this may be to check anything in or accompanying a notice or return, or requested to determine the tax liability of any SIP participant or other person whose liability to tax the operation of the SIP is relevant to.