IFM09740 | Administrative requirements: Provision of information to HMRC

Regulation 37 sets out the information which the operator of a RIF must provide to HMRC within 6 months after the end of the accounting period (“the information reporting date”) in relation to each accounting period of the RIF.

The information is required to allow for the proper monitoring and review of the RIF regime, and to provide information about participants to enable HMRC to perform its duties. Further details can be found at IFM09745.

As a consequence of not providing the information, as well as a penalty (IFM09770+) in certain circumstances HMRC may issue a cessation notice (IFM09660).