Landfill Disposals Tax (Wales) Act 2017 section 9

Amendment to penalty provision for late tax returns

Schedule 4, paragraph 9 amends the Tax Collection and Management (Wales) Act 2016 to add a signpost to a new exception to the penalty for failing to file a tax return on time.

• Section 118 of the Tax Collection and Management (Wales) Act 2016 imposes a penalty when a tax return is not submitted by the filing date.
• The existing penalty rule in section 118 is renumbered as subsection (1) to accommodate a new subsection.
• A new subsection (2) is inserted, directing the reader to section 118A for an exception to the late filing penalty.
• This change signals that, in certain circumstances set out in section 118A, the usual penalty for late filing will not apply.