Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 9

Schedule 8, paragraph 9: WRA enquiries, determinations and assessments involving trustees

Schedule 8, paragraph 9 sets out how the Welsh Revenue Authority must handle enquiries, determinations and assessments in relation to land transactions involving trustees, ensuring that all known relevant trustees are properly notified and involved.

• When WRA opens an enquiry into a trust land transaction return, it must send the enquiry notice to every relevant trustee whose identity it knows, and any closure notice must also go to all known trustees.
• WRA's powers to request information and documents during an enquiry can be exercised separately and differently against each individual trustee.
• Any relevant trustee may apply for a direction requiring WRA to complete the enquiry, and all trustees are entitled to be parties to that application.
• Any WRA determination (where no return was filed) or assessment for loss of tax or excessive repayment must be made against all the relevant trustees and is only effective if notice is given to every trustee whose identity is known to WRA.

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