Changes over time for: Section 123A
Status:
Point in time view as at 01/04/2018.
Changes to legislation:
Tax Collection and Management (Wales) Act 2016, Section 123A is up to date with all changes known to be in force on or before 02 November 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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[123A.Penalty for failure to pay amount payable in respect of tax credit on timeE+W
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(1)This section applies where a person is required to pay an amount as a result of a WRA assessment made under section 55A.
(2)The person is liable to a penalty if he or she fails to pay the amount on or before the penalty date.
(3)The penalty date is the day falling 30 days after the day by which the amount was required to be paid.
(4)The penalty is 5% of the amount payable as a result of the WRA assessment.]
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