HMRC has introduced form AAG3 to enable users of tax avoidance schemes to notify the tax authority directly when either no promoter exists or the promoting lawyer is unable to submit a full notification. The form addresses situations where the standard promoter notification procedure cannot be completed, allowing scheme participants to meet their disclosure obligations independently. This provides an alternative notification route for users involved in schemes that fall outside conventional promoter-led reporting requirements.
Source: HMRC (GOV.UK) – Read the original