Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw1)

SCHEDULE 23 E+W AMENDMENTS TO THE TAX COLLECTION AND MANAGEMENT (WALES) ACT 2016

41 E+W In section 120 (penalty for failure to make tax return within 12 months from filing date)—

(a) in subsection (1), after ““A person”” insert “ who is required to make a tax return ”, and

(b) in subsection (2), for the words from ““the greater of”” to the end substitute “—

(a) £300, or

(b) a greater amount, not exceeding 95% of the amount of devolved tax to which the person would have been liable if the tax return had been made.”

Commencement Information

I1 Sch. 23 para. 41 in force at 1.4.2018 by S.I. 2018/34, art. 3