Tax Collection and Management (Wales) Act 2016 section 148

Effect of extension of time limit for compliance

Section 148 explains that penalties for non-compliance are not triggered where the Welsh Revenue Authority has granted an extension of time and the person complies within that extended period.

• Penalties under sections 146 and 147 apply when a person fails to comply with an information notice or obstructs a WRA investigation within a set time limit.
• If WRA grants additional time beyond the original deadline, the person is not considered to have failed to comply, provided they act within the extended period.
• This means no penalty liability arises as long as the required action is completed within whatever further time WRA has allowed.
• The provision ensures that taxpayers and third parties are not unfairly penalised when WRA itself has agreed to give them more time to respond.