Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 53

Declaration

Section 53 sets out the declaration requirements that must accompany every land transaction tax return, including the circumstances in which an agent may provide part of the declaration on the buyer's behalf.

• Every LTT return must include a declaration by the buyer that the return is, to the best of their knowledge, correct and complete.
• Where the buyer authorises an agent to complete the return, the buyer still declares that the information (other than the relevant date) is correct and complete, while the agent declares that the relevant date is correct.
• The "relevant date" varies depending on the type of return — it may be the effective date of the transaction, the date of a triggering event, the date of a disqualifying event, the effective date of a later linked transaction, or the date an interim period ended under the higher rates provisions.
• Allowing an agent to make the date declaration does not reduce or alter the buyer's own liability under the Act or under the Tax Collection and Management (Wales) Act 2016.