Landfill Disposals Tax (Wales) Act 2017 section 54

Power to make provision for tax credits

Section 54 grants the Welsh Ministers a broad regulation-making power to create a tax credit scheme under landfill disposals tax, covering who qualifies, how credits are calculated and claimed, and the rules governing compliance and enforcement.

• Regulations may establish the circumstances in which a person is entitled to a tax credit against landfill disposals tax, including the conditions of entitlement, the amount of credit, and how the credit is applied (for example, by deducting it from tax otherwise due or by making a payment to the claimant).
• The regulations may set out the claims procedure, including requirements for claimants to provide supporting information and documents, and may impose conditions on any benefit received — such as requiring repayments to the Welsh Revenue Authority (WRA) in specified circumstances.
• WRA is given broad compliance powers under the regulations, including the ability to withhold credits, require the provision of information and documents, inspect premises, and check a person's entitlement or repayment obligations. Duties to keep and preserve records may also be imposed.
• The regulations may create penalties for non-compliance, provide for reviews and appeals, and may amend or apply (with or without modifications) any existing legislation relating to landfill disposals tax.