Landfill Disposals Tax (Wales) Act 2017 section 15

Late payment interest on penalties

Schedule 4, paragraph 15 amends section 157A of the Tax Collection and Management (Wales) Act 2016 to broaden the scope of late payment interest on penalties so that it applies to all devolved taxes, not just those arising under a specific part of the 2016 Act.

• Section 157A of the 2016 Act deals with late payment interest charged on penalties.
• The original wording limited this to penalties "required to be paid under Part 5" of the 2016 Act.
• The amendment replaces that narrow reference with the broader phrase "relating to devolved tax."
• This ensures that late payment interest on penalties applies consistently across all Welsh devolved taxes, including Landfill Disposals Tax.