What sources does Taxxa search?

Taxxa searches a continuously updated collection of more than one million pages from tax authorities, government publications, legislation and case law across the European jurisdictions it covers. Every response cites the underlying material, so a professional can inspect the rule, its jurisdiction and whether it is current before relying on the result.

Can Taxxa work with a team’s own documents?

Yes. Research can combine the public knowledge base with a team’s own PDF, DOCX, CSV and TXT files in one workspace. That makes it possible to compare a client document with the relevant guidance, trace a conclusion to its source and prepare a draft without losing the evidence that supports it.

Who is Taxxa built for?

Accountants, auditors, tax advisors, payroll specialists, bookkeepers and advisory teams working across European jurisdictions. Shared workspaces keep research available to colleagues, and citations make review easier.

Where is customer data stored, and is it used to train models?

Customer data stays in the European Union and is never used to train language models.

Does Taxxa replace professional judgement?

No. Taxxa is a research and drafting workspace. It helps professionals reach an informed starting point faster; the professional still reviews the evidence and makes the final decision. It does not file returns, post bookkeeping entries or give legal advice.

United KingdomGOV.UK

OFSI frozen-asset reports for 2026 due by 30 November 2026

Anyone holding or controlling funds or economic resources of a designated person must file the 2026 frozen-asset report with OFSI by Monday 30 November 2026, covering holdings as at 30 September.

By Taxxa AI OyPublished 30 September 2026

Financial Sector & Markets

Any person who holds or controls funds or economic resources belonging to a person designated under United Kingdom financial sanctions must submit a frozen-asset report for the 2026 reporting exercise to the Office of Financial Sanctions Implementation (OFSI)GOV by Monday 30 November 2026GOV. The report is made on the frozen-asset reporting form and covers the holder's position for the current exercise year.

The report must state the nature and the amount or quantity of the funds or economic resources owned, held or controlled by each designated person as at 30 September 2026GOV, with the filing due no later than 30 November 2026. Banks, financial institutions, asset managers and any other firm or individual holding affected assets fall within the duty wherever they hold or control such funds or economic resources. OFSI uses the returns to update its records to reflect changes to frozen holdings during the reporting period.

From 2025 onwards the annual review no longer runs off OFSI's powers to request information. Specific obligations in the sanctions regulations now require United Kingdom persons holding funds or economic resources owned, held or controlled by a designated person to file the report each yearGOV. The shift puts the yearly return on a standing statutory footing, so holders report annually without waiting for an individual information request from OFSI.

The yearly exercise sits alongside immediate duties. Financial sanctions legislation requires that all funds and economic resources owned, held or controlled by a designated person be frozenGOV, and relevant firms must report the nature and amount or quantity of anything they hold for a customer who is a designated person as soon as practicableGOV. Assets frozen outside the annual review period must still be notified to OFSI as soon as practicable through the Frozen Asset online formGOV, with the Excel template completed before it is uploaded to the form.

Legal basis: the reporting obligations in the United Kingdom sanctions regulations and OFSI's annual frozen-assets review framework.

Identify all funds or economic resources you hold or control for designated persons as at 30 September 2026 and file the frozen-asset report with OFSI by 30 November 2026.

Sources