Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 60

Deferral requests: notices of WRA decisions

Section 60 sets out what the Welsh Revenue Authority (WRA) must include in the notice it sends to a buyer when it decides whether to agree to or refuse a request to defer payment of land transaction tax.

• When WRA agrees to a deferral, it must send the buyer a notice stating the amount deferred, any amount refused, and the expected end date of the deferral period.
• The notice must also set out any conditions WRA has imposed on the deferral.
• If WRA agrees to defer a lower amount than the buyer requested, it must explain why.
• If WRA refuses the deferral request entirely, it must send the buyer a notice giving its reasons for the refusal.