Tax Collection and Management (Wales) Act 2016 section 153

Assessment of penalties under Chapter 5

Section 153 sets out the process by which WRA must assess and notify penalties relating to investigations, and the time limits within which those assessments must be made.

• WRA must formally assess any penalty arising under Chapter 5 and issue a notice to the person concerned.
• Penalties for failing to comply with an information notice or for obstruction (including daily default penalties) must generally be assessed within 12 months of the person becoming liable, though this deadline is extended where an appeal against the information notice is possible or is in progress.
• Increased daily default penalties under section 150 must be assessed at the end of each successive 7-day period that includes an applicable day, starting from the first applicable day.
• Penalties for inaccurate information or documents must be assessed within 12 months of WRA becoming aware of the inaccuracy and, in any event, within 6 years of the person becoming liable.