PART 3

VISITOR LEVY
CHAPTER 2

ACCOUNTING FOR, AND PAYMENT OF, THE LEVY

Returns

Annual or quarterly return
37
1
A VAP may make an annual return in respect of a financial year (but may choose to make quarterly returns) if—
a
the VAP expects that the amount of levy the VAP will be liable to pay, in respect of that year, will not exceed £1000, and
b
the VAP (if the VAP made a return in respect of the preceding financial year, or any part of that year) was not liable to pay an amount of levy exceeding £1000 in respect of the preceding financial year.
2
A VAP that may not, or that chooses not to, make an annual return in respect of a financial year must make quarterly returns.
3
The Welsh Ministers may by regulations—
a
amend subsection (1)(a) and (b) to change the figure specified in those paragraphs;
b
make provision about information that a VAP may or must provide to WRA if the VAP wishes to make an annual return.
4
A change to the frequency with which a return is made may take effect only at the start of a financial year.
5
Subsections (1) and (2) are subject to section 120D of the Tax Collection and Management (Wales) Act 2016 (anaw 6) (prohibition on changing frequency of returns where VAP has a penalty point).
S. 37 in force at 19.9.2025, see s. 67(1)