Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 39

Amendment to penalty provision for failure to make tax return

Section 39 of Schedule 23 makes a minor but important clarifying amendment to section 118 of the Tax Collection and Management (Wales) Act 2016, which deals with penalties for failing to file a tax return by the filing date.

• This paragraph amends section 118 of the Tax Collection and Management (Wales) Act 2016, which imposes penalties for late filing of tax returns.
• The amendment inserts the words "who is required to make a tax return" after "A person" in that section.
• The effect is to clarify that the penalty only applies to a person who has an obligation to file a return, rather than to any person generally.
• This ensures that penalties for late filing are correctly targeted at those with a legal duty to submit a return.