Tax Collection and Management (Wales) Act 2016 section 31

Audit

Section 31 sets out the audit requirements for the Welsh Revenue Authority's annual accounts and Tax Statement, including submission deadlines, the role of the Auditor General for Wales, and the specific matters the Auditor General must verify.

• WRA must submit its annual accounts and Tax Statement to the Auditor General for Wales by 31 August following the end of the relevant financial year.
• The Auditor General must examine, certify and report on the accounts and Tax Statement, and lay copies before the Senedd within four months of receiving them.
• When examining the accounts, the Auditor General must be satisfied that expenditure was lawful and authorised, and that ring-fenced money was spent only for its intended purpose.
• When examining the Tax Statement, the Auditor General must be satisfied that tax was collected lawfully and that any deductions for disbursements were made in accordance with the rules in section 25(2).