Section 37 – Annual or quarterly return
108.This section provides that VAPs may choose to make annual or quarterly returns for a financial year if their expected visitor levy liability does not exceed £1000 and, if they made a return with respect to the preceding financial year, were not liable to pay an amount of visitor levy exceeding £1000 with respect to the preceding financial year. If a VAP's visitor levy liability is expected to exceed £1000, or exceeded £1000 in the previous financial year, they must make quarterly returns.
109.The Welsh Ministers have the power by regulations to change the figure of £1000 and to make provision about the information a VAP may or must provide to WRA if they wish to make annual returns. Regulations made under this power are subject to the affirmative procedure in the Senedd.
110.A change from annual to quarterly return obligations, or quarterly to annual return obligations, may take effect only at the start of a financial year. However, if a VAP has one or more penalty points, the VAP may not change the frequency with which they make returns.
