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Tax Collection and Management (Wales) Act 2016

▸ PART 1 OVERVIEW (s 1)
  • Section 1 – Overview of Act [TCMWA 2016 s 1]
▸ PART 2 THE WELSH REVENUE AUTHORITY (ss 2-36)
  • ▸ Establishment and status of the Welsh Revenue Authority (s 2)
    • Section 2 – The Welsh Revenue Authority [TCMWA 2016 s 2]
  • ▸ Membership (ss 3-7)
    • Section 3 – Membership [TCMWA 2016 s 3]
    • Section 4 – Disqualification for appointment as non-executive member [TCMWA 2016 s 4]
    • Section 5 – Terms of non-executive membership [TCMWA 2016 s 5]
    • Section 6 – Appointment of elected executive member [TCMWA 2016 s 6]
    • Section 7 – Removal of members etc. [TCMWA 2016 s 7]
  • ▸ Committees and staff (ss 8-9)
    • Section 8 – Committees and sub-committees [TCMWA 2016 s 8]
    • Section 9 – Chief executive and other staff [TCMWA 2016 s 9]
  • ▸ Procedure and validity (ss 10-11)
    • Section 10 – Procedure [TCMWA 2016 s 10]
    • Section 11 – Validity of proceedings and acts [TCMWA 2016 s 11]
  • ▸ Functions (ss 12-15)
    • Section 12 – Main functions [TCMWA 2016 s 12]
    • Section 13 – Internal authorisation to carry out functions [TCMWA 2016 s 13]
    • Section 14 – Delegation of functions [TCMWA 2016 s 14]
    • Section 15 – General directions [TCMWA 2016 s 15]
  • ▸ Information (ss 16-20)
    • Section 16 – Use of information by WRA and delegates [TCMWA 2016 s 16]
    • Section 17 – Confidentiality of protected taxpayer information [TCMWA 2016 s 17]
    • Section 18 – Permitted disclosures [TCMWA 2016 s 18]
    • Section 19 – Declaration of confidentiality [TCMWA 2016 s 19]
    • Section 20 – Offence of wrongful disclosure of protected taxpayer information [TCMWA 2016 s 20]
  • ▸ Court proceedings and evidence (ss 21-22)
    • Section 21 – Court proceedings [TCMWA 2016 s 21]
    • Section 22 – Evidence [TCMWA 2016 s 22]
  • ▸ Money (ss 23-25)
    • Section 23 – Funding [TCMWA 2016 s 23]
    • Section 24 – Rewards [TCMWA 2016 s 24]
    • Section 25 – Payments of receipts into Welsh Consolidated Fund [TCMWA 2016 s 25]
  • ▸ Charter of standards and values (s 26)
    • Section 26 – Charter of standards and values [TCMWA 2016 s 26]
  • ▸ Corporate plans, annual reports, accounts etc. (ss 27-33)
    • Section 27 – Corporate plan [TCMWA 2016 s 27]
    • Section 28 – Annual report [TCMWA 2016 s 28]
    • Section 29 – Accounts [TCMWA 2016 s 29]
    • Section 30 – Tax Statement [TCMWA 2016 s 30]
    • Section 31 – Audit [TCMWA 2016 s 31]
    • Section 32 – Examination into use of resources [TCMWA 2016 s 32]
    • Section 33 – Accounting officer [TCMWA 2016 s 33]
  • ▸ Consequential amendments (ss 34-36)
    • Section 34 – Welsh public records [TCMWA 2016 s 34]
    • Section 35 – Public Services Ombudsman [TCMWA 2016 s 35]
    • Section 36 – Auditor General for Wales [TCMWA 2016 s 36]
▸ PART 3 TAX RETURNS, ENQUIRIES AND ASSESSMENTS (ss 37-81)
  • ▸ CHAPTER 1 OVERVIEW (s 37)
    • Section 37 – Overview of Part [TCMWA 2016 s 37]
  • ▸ CHAPTER 2 ... DUTIES TO KEEP AND PRESERVE RECORDS (ss 38-39A)
    • Section 38 – Duty to keep and preserve records: cases where a tax return is required [TCMWA 2016 s 38]
    • Section 38A – Duty to keep and preserve records: land transactions in respect of which no tax return is required. [TCMWA 2016 s 38A]
    • Section 39 – Preservation of information etc. [TCMWA 2016 s 39]
    • Section 39A – Power to make regulations about records [TCMWA 2016 s 39A]
  • ▸ CHAPTER 3 TAX RETURNS (ss 40-42)
    • Filing date (s 40)
    • Amendment and correction of tax returns (ss 41-42)
  • ▸ CHAPTER 4 WRA ENQUIRIES (ss 43-51)
    • Notice and scope of enquiry (ss 43-44)
    • Amendment of tax return during enquiry (ss 45-45A)
    • Referral during enquiry (ss 46-49)
    • Completion of enquiry (ss 50-51)
  • ▸ CHAPTER 5 WRA DETERMINATIONS (ss 52-53)
    • Section 52 – Determination of tax chargeable if no tax return made [TCMWA 2016 s 52]
    • Section 53 – Determination superseded by tax return [TCMWA 2016 s 53]
  • ▸ CHAPTER 6 WRA ASSESSMENTS (ss 54-61)
    • Assessment of loss of tax or of excessive repayment (ss 54-56)
    • Making WRA assessments (ss 57-61)
  • ▸ CHAPTER 7 RELIEF IN CASE OF EXCESSIVE ASSESSMENT OR OVERPAID TAX (ss 62-67)
    • Double assessment (s 62)
    • Overpaid tax etc. (ss 63-63A)
    • Unjustified enrichment (ss 64-66)
    • Other grounds for disallowing claims (s 67)
  • ▸ CHAPTER 8 PROCEDURE FOR MAKING CLAIMS ETC. (ss 68-81)
    • Section 68 – Making claims [TCMWA 2016 s 68]
    • Section 69 – Duty to keep and preserve records [TCMWA 2016 s 69]
    • Section 70 – Preservation of information etc. [TCMWA 2016 s 70]
    • Section 71 – Amendment of claim by claimant [TCMWA 2016 s 71]
    • Section 72 – Correction of claim by WRA [TCMWA 2016 s 72]
    • Section 73 – Giving effect to claims and amendments [TCMWA 2016 s 73]
    • Section 74 – Notice of enquiry [TCMWA 2016 s 74]
    • Section 75 – Completion of enquiry [TCMWA 2016 s 75]
    • Section 76 – Direction to complete enquiry [TCMWA 2016 s 76]
    • Section 77 – Giving effect to amendments under section 75 [TCMWA 2016 s 77]
    • Section 78 – Time limit for making claims [TCMWA 2016 s 78]
    • Section 79 – The claimant: partnerships [TCMWA 2016 s 79]
    • Section 80 – Assessment of claimant in connection with claim [TCMWA 2016 s 80]
    • Section 81 – Contract settlements [TCMWA 2016 s 81]
▸ PART 3A GENERAL ANTI-AVOIDANCE RULE (ss 81A-81I)
  • ▸ Overview (s 81A)
    • Section 81A – Meaning of “general anti-avoidance rule” and overview [TCMWA 2016 s 81A]
  • ▸ Artificial tax avoidance arrangements (ss 81B-81D)
    • Section 81B – Tax avoidance arrangements [TCMWA 2016 s 81B]
    • Section 81C – Artificial tax avoidance arrangements [TCMWA 2016 s 81C]
    • Section 81D – Meaning of ““tax”” and “tax advantage [TCMWA 2016 s 81D]
  • ▸ Counteracting tax advantages (ss 81E-81G)
    • Section 81E – Adjustments to counteract tax advantages [TCMWA 2016 s 81E]
    • Section 81F – Notice of proposed counteraction [TCMWA 2016 s 81F]
    • Section 81G – Final counteraction notice [TCMWA 2016 s 81G]
  • ▸ Proceedings before a court or tribunal (s 81H)
    • Section 81H – Proceedings in connection with the general anti-avoidance rule [TCMWA 2016 s 81H]
  • ▸ Commencement and transitional provision (s 81I)
    • Section 81I – General anti-avoidance rule: commencement and transitional provision [TCMWA 2016 s 81I]
▸ PART 4 INVESTIGATORY POWERS OF WRA (ss 82-116)
  • ▸ CHAPTER 1 INTRODUCTORY (ss 82-85)
    • Overview (s 82)
    • Interpretation (ss 83-85)
  • ▸ CHAPTER 2 POWERS TO REQUIRE INFORMATION AND DOCUMENTS (ss 86-96)
    • Section 86 – Taxpayer notices [TCMWA 2016 s 86]
    • Section 87 – Third party notices [TCMWA 2016 s 87]
    • Section 88 – Tribunal approval of taxpayer notices and third party notices [TCMWA 2016 s 88]
    • Section 89 – Power to require information and documents about persons whose identity is not known [TCMWA 2016 s 89]
    • Section 90 – Requiring information and documents in relation to a group of undertakings [TCMWA 2016 s 90]
    • Section 91 – Requiring information and documents in relation to a partnership [TCMWA 2016 s 91]
    • Section 92 – Power to obtain information to enable a person's identity to be ascertained [TCMWA 2016 s 92]
    • Section 93 – Power to obtain contact details for debtors [TCMWA 2016 s 93]
    • Section 94 – Time limit for issuing a tribunal approved information notice [TCMWA 2016 s 94]
    • Section 95 – Complying with an information notice [TCMWA 2016 s 95]
    • Section 96 – Producing copies of documents [TCMWA 2016 s 96]
  • ▸ CHAPTER 3 RESTRICTIONS ON POWERS IN CHAPTER 2 (ss 97-102)
    • Section 97 – Information notices: general restrictions [TCMWA 2016 s 97]
    • Section 98 – Protection for journalistic material [TCMWA 2016 s 98]
    • Section 99 – Protection for personal records [TCMWA 2016 s 99]
    • Section 100 – Taxpayer notices following a tax return [TCMWA 2016 s 100]
    • Section 101 – Protection for privileged communications between legal advisers and clients [TCMWA 2016 s 101]
    • Section 102 – Protection for tax advisers and auditors [TCMWA 2016 s 102]
  • ▸ CHAPTER 4 INSPECTIONS OF PREMISES AND OTHER PROPERTY (ss 103-111)
    • Section 103 – Power to inspect business premises [TCMWA 2016 s 103]
    • Section 103A – Further power to inspect business premises: landfill disposals tax [TCMWA 2016 s 103A]
    • Section 103B – Further power to inspect premises: taxable disposals made at places other than authorised landfill sites [TCMWA 2016 s 103B]
    • Section 104 – Carrying out inspections under section 103 , 103A or 103B : further provision [TCMWA 2016 s 104]
    • Section 105 – Carrying out inspections under section 103 , 103A or 103B: use of equipment and materials [TCMWA 2016 s 105]
    • Section 106 – Power to inspect premises or property for valuation etc. [TCMWA 2016 s 106]
    • Section 107 – Producing authorisation to carry out inspections [TCMWA 2016 s 107]
    • Section 108 – Approval of tribunal for inspection of premises [TCMWA 2016 s 108]
    • Section 109 – Power to mark assets and to record information [TCMWA 2016 s 109]
    • Section 110 – Restriction on inspection of documents [TCMWA 2016 s 110]
    • Section 111 – Interpretation of Chapter 4 [TCMWA 2016 s 111]
  • ▸ CHAPTER 5 FURTHER INVESTIGATORY POWERS (ss 112-113)
    • Section 112 – Power to copy and remove documents [TCMWA 2016 s 112]
    • Section 113 – Further provision about records [TCMWA 2016 s 113]
  • ▸ CHAPTER 6 OFFENCES RELATING TO INFORMATION NOTICES (ss 114-115)
    • Section 114 – Offence of concealing etc. documents following information notice [TCMWA 2016 s 114]
    • Section 115 – Offence of concealing etc. documents following notification [TCMWA 2016 s 115]
  • ▸ CHAPTER 7 TRIBUNAL APPROVALS (s 116)
    • Section 116 – No review or appeal of tribunal approvals [TCMWA 2016 s 116]
▸ PART 5 PENALTIES (ss 117-156)
  • ▸ CHAPTER 1 OVERVIEW (s 117)
    • Section 117 – Overview of Part [TCMWA 2016 s 117]
  • ▸ CHAPTER 2 PENALTIES FOR FAILURE TO MAKE RETURNS OR PAY TAX OR AMOUNTS PAYABLE IN RESPECT OF TAX CREDITS (ss 118-128)
    • Penalty for failure to make tax return (ss 118-121)
    • Penalty for failure to pay tax (ss 122-123)
    • Penalty for failure to pay amount payable in respect of tax credit (s 123A)
    • Penalties under Chapter 2: general (ss 124-128)
  • ▸ CHAPTER 3 PENALTIES FOR INACCURACIES (ss 129-142)
    • Penalties for inaccuracies in documents (ss 129-132)
    • Penalty for failure to notify under-assessment etc. (s 133)
    • Potential lost revenue (ss 134-138)
    • Penalties under Chapter 3: general (ss 139-141)
    • Interpretation (s 142)
  • ▸ CHAPTER 4 PENALTIES RELATING TO RECORD-KEEPING AND REIMBURSEMENT ARRANGEMENTS (ss 143-145)
    • Penalty for failure to keep and preserve records in connection with tax returns or claims (ss 143-145)
  • ▸ CHAPTER 5 PENALTIES RELATING TO INVESTIGATIONS (ss 146-153)
    • Penalties for failure to comply or obstruction (ss 146-149)
    • Further penalties for continuing failure to comply or obstruction (ss 150-151)
    • Penalty for inaccurate information or documents (s 152)
    • Penalties under Chapter 5: general (s 153)
  • ▸ CHAPTER 6 PAYMENT OF PENALTIES (ss 154-154A)
    • Section 154 – Payment of penalties [TCMWA 2016 s 154]
    • Section 154A – Liability of personal representatives [TCMWA 2016 s 154A]
  • ▸ CHAPTER 7 SUPPLEMENTARY (ss 155-156)
    • Section 155 – Double jeopardy [TCMWA 2016 s 155]
    • Section 156 – Power to make regulations about penalties [TCMWA 2016 s 156]
▸ PART 6 INTEREST (ss 157-163)
  • ▸ CHAPTER 1 INTEREST ON AMOUNTS PAYABLE TO WRA (ss 157-160)
    • Section 157 – Late payment interest on devolved taxes [TCMWA 2016 s 157]
    • Section 157A – Late payment interest on penalties [TCMWA 2016 s 157A]
    • Section 157B – Late payment interest on amounts payable in respect of tax credit [TCMWA 2016 s 157B]
    • Section 158 – Late payment interest: supplementary [TCMWA 2016 s 158]
    • Section 159 – Late payment interest start date: amendments to assessments etc. [TCMWA 2016 s 159]
    • Section 160 – Late payment interest start date: death of taxpayer [TCMWA 2016 s 160]
  • ▸ CHAPTER 2 INTEREST ON AMOUNTS PAYABLE BY WRA (ss 161-162)
    • Repayment interest (ss 161-162)
  • ▸ CHAPTER 3 RATES OF INTEREST (s 163)
    • Section 163 – Rates of late payment interest and repayment interest [TCMWA 2016 s 163]
▸ PART 7 PAYMENT AND ENFORCEMENT (ss 164-170)
  • ▸ Payment (ss 164-167)
    • Section 164 – Meaning of “relevant amount” [TCMWA 2016 s 164]
    • Section 165 – Relevant amounts payable to WRA [TCMWA 2016 s 165]
    • Section 166 – Receipts for payment [TCMWA 2016 s 166]
    • Section 167 – Fees for payment [TCMWA 2016 s 167]
  • ▸ Certification of debt (s 168)
    • Section 168 – Certificates of debt [TCMWA 2016 s 168]
  • ▸ Recovery (ss 169-170)
    • Section 169 – Proceedings in magistrates' court [TCMWA 2016 s 169]
    • Section 170 – Enforcement by taking control of goods [TCMWA 2016 s 170]
▸ PART 8 REVIEWS AND APPEALS (ss 171-181)
  • ▸ CHAPTER 1 INTRODUCTORY (ss 171-172)
    • Overview (s 171)
    • Appealable decisions ( s 172)
  • ▸ CHAPTER 2 REVIEWS (ss 173-177)
    • Section 173 – Requesting a review [TCMWA 2016 s 173]
    • Section 174 – Time limit for requesting a review [TCMWA 2016 s 174]
    • Section 175 – Late request for review [TCMWA 2016 s 175]
    • Section 176 – Carrying out a review [TCMWA 2016 s 176]
    • Section 177 – Effect of conclusions of review [TCMWA 2016 s 177]
  • ▸ CHAPTER 3 APPEALS (ss 178-181)
    • Section 178 – Making an appeal [TCMWA 2016 s 178]
    • Section 179 – Time limit for making an appeal [TCMWA 2016 s 179]
    • Section 180 – Making a late appeal [TCMWA 2016 s 180]
    • Section 181 – Determining an appeal [TCMWA 2016 s 181]
  • ▸ CHAPTER 3A PAYMENT AND RECOVERY OF DEVOLVED TAX ETC SUBJECT TO REVIEW OR APPEAL (ss 181A-181J)
    • Section 181A – Review or appeal not to affect requirement to pay [TCMWA 2016 s 181A]
    • Section 181B – Postponement requests [TCMWA 2016 s 181B]
    • Section 181C – Time limit for making a postponement request [TCMWA 2016 s 181C]
    • Section 181D – Late postponement request [TCMWA 2016 s 181D]
    • Section 181E – Application for tribunal review of decision on a postponement request [TCMWA 2016 s 181E]
    • Section 181F – Variation after postponement request granted [TCMWA 2016 s 181F]
    • Section 181G – Effect of postponement [TCMWA 2016 s 181G]
    • Section 181H – Postponement requests relating to further appeals [TCMWA 2016 s 181H]
    • Section 181I – No further appeal or review of tribunal decisions relating to postponement requests [TCMWA 2016 s 181I]
    • Section 181J – Application of this Chapter to amounts payable in respect of tax credit [TCMWA 2016 s 181J]
  • ▸ CHAPTER 4 MISCELLANEOUS AND SUPPLEMENTARY (ss 182-184)
    • Consequences of reviews and appeals ( ss 182-184)
    • Settlement agreements ( s 184)
▸ PART 9 INVESTIGATION OF CRIMINAL OFFENCES (ss 185-187)
  • Section 185 – Powers to investigate criminal offences [TCMWA 2016 s 185]
  • Section 186 – Proceeds of crime [TCMWA 2016 s 186]
  • Section 187 – Regulation of investigatory powers [TCMWA 2016 s 187]
▸ PART 10 FINAL PROVISIONS (ss 187A-195)
  • Section 187A – Crown application for the purposes of Land Transaction Tax [TCMWA 2016 s 187A]
  • Section 188 – Power to make consequential etc. provision [TCMWA 2016 s 188]
  • Section 189 – Regulations [TCMWA 2016 s 189]
  • Section 190 – Issue of notices by WRA [TCMWA 2016 s 190]
  • Section 191 – Giving notices and other documents to WRA [TCMWA 2016 s 191]
  • Section 192 – Interpretation [TCMWA 2016 s 192]
  • Section 193 – Index of defined expressions [TCMWA 2016 s 193]
  • Section 194 – Coming into force [TCMWA 2016 s 194]
  • Section 195 – Short title [TCMWA 2016 s 195]
PART 5 PENALTIES / CHAPTER 2 PENALTIES FOR FAILURE TO MAKE RETURNS OR PAY TAX OR AMOUNTS PAYABLE IN RESPECT OF TAX CREDITS / Penalty for failure to pay amount payable in respect of tax credit

Penalty for failure to pay amount payable in respect of tax credit (s 123A)

Contents

  • Section 123A – Penalty for failure to pay amount payable in respect of tax credit on time [TCMWA 2016 s 123A] Section commentary

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