SCHEDULE 23 Amendments to the Tax Collection and Management (Wales) Act 2016
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (2017 anaw 1) | Legislation

SCHEDULE 23 Amendments to the Tax Collection and Management (Wales) Act 2016

(as introduced by section 76)

1

TCMA is amended as follows.

2

In section 1 (overview of Act), after paragraph (b) insert—

“(ba)     Part 3A makes provision about counteracting avoidance arrangements in relation to devolved taxes;”.

3

In the Welsh text, in section 37 (overview of Part), in paragraph (f), for “ymwared” substitute “ryddhad”.

4

In Chapter 2 of Part 3, in the chapter heading omit “TAXPAYER”.

5

In section 38 (duty to keep and preserve records)—

(a)     in subsection (1)—

(i)     in paragraph (a), for the words from “make” to the end substitute “demonstrate that the tax return is correct and complete,”;

(ii)     for paragraph (b) substitute—

“(b)     preserve any records that may be needed for that purpose.”;

(b)     in subsection (2)—

(i)     for “day”, in both places where it occurs, substitute “date”;

(ii)     in paragraph (b), for the words from “WRA” to the end substitute “the enquiry period ends (see section 43(1A)).”;

(c)     for subsection (3) substitute—

“(3)     The “relevant date” is the sixth anniversary of whichever is the later of—

(a)     the filing date,

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