Tax Collection and Management (Wales) Act 2016 section 181F

Variation after postponement request granted

Section 181F deals with how a previously granted postponement of tax can be varied when circumstances change after the original decision was made.

• Where a postponement has been granted and circumstances subsequently change, either the Welsh Revenue Authority (WRA) or the taxpayer may seek to vary the postponed amount or any security conditions attached to it.
• Either party may propose a variation by issuing a notice to the other, and if both sides agree, WRA confirms the variation in writing, which takes effect from the date of that confirmation notice.
• If the parties cannot reach agreement within 21 days of the variation notice being issued, either party may apply to the tribunal for a determination on the matter.
• The tribunal has broad discretion and may confirm the proposed variation, refuse it, or substitute a different variation that it considers appropriate.

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