Landfill Disposals Tax (Wales) Act 2017 section 41

Tax chargeable in respect of accounting period

Section 41 sets out the rules for determining in which accounting period landfill disposals tax becomes chargeable, including the option to align the charge with the date a landfill invoice is issued rather than the date the disposal takes place.

• Tax on a disposal at an authorised landfill site is normally chargeable in the accounting period in which the disposal is made.
• If a landfill invoice is issued within 14 days of the disposal, the tax is instead chargeable in the accounting period in which the invoice is issued, unless the operator has opted out of this arrangement by notifying WRA.
• Operators may apply to WRA in writing to extend the 14-day invoicing window to a longer period, either for all disposals at a site or for a specified category of disposals.
• A landfill invoice must relate to a taxable disposal and contain the information specified in Schedule 3 to the Act, which may be amended by regulations.