Tax Collection and Management (Wales) Act 2016 section 111

Interpretation of Chapter 4

Section 111 defines the key terms used throughout Chapter 4, which deals with the Welsh Revenue Authority's powers to inspect business premises, assets, and documents.

• Business assets are assets that WRA believes are owned, leased, or used in connection with carrying on a business, but do not include documents.
• Business documents are documents or copies of documents relating to the carrying on of a business by any person.
• Business premises are premises or parts of premises that WRA believes are used in connection with carrying on a business, and the definition of premises extends to buildings, structures, land, and means of transport.
• For landfill disposals tax purposes, the definition of land is extended to include material that WRA believes has been deposited on or under the surface of land.