Tax Collection and Management (Wales) Act 2016 section 39A

Power to make regulations about records

Section 39A gives the Welsh Ministers the power to make regulations specifying what types of records must or must not be kept and preserved for devolved tax purposes.

• The Welsh Ministers may make regulations about the records that taxpayers are required to keep and preserve.
• These regulations can add specific types of records to those that must be kept.
• Equally, the regulations can exclude specific types of records from the requirement to keep them.
• This power provides flexibility to adapt record-keeping requirements as devolved taxes evolve.