Tax Collection and Management (Wales) Act 2016 section 81D

Meaning of "tax" and "tax advantage"

Section 81D defines the terms "tax" and "tax advantage" for the purposes of the anti-avoidance provisions in the Act.

• "Tax" means any devolved tax — that is, taxes that have been devolved to Wales, such as land transaction tax and landfill disposals tax.
• A "tax advantage" includes obtaining relief from tax, increased relief, or a repayment or increased repayment of tax.
• It also covers avoiding or reducing a tax charge, deferring a tax payment, or bringing forward a repayment of tax.
• Additionally, it includes avoiding an obligation to deduct or account for tax, and obtaining a tax credit or increased tax credit.

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