Tax Collection and Management (Wales) Act 2016

69 Duty to keep and preserve records

(1) A person making a claim under section 62 or 63 must—

(a) have kept any records that are needed to enable the person to make a correct and complete claim, and

(b) preserve those records in accordance with this section.

(2) The records must be preserved until the latest of the following—

(a) (except where paragraph (b) or (c) applies) the end of the period of 12 months beginning with the day on which the claim was made;

(b) where there is an enquiry into the claim, or into an amendment of the claim, the day on which the enquiry is completed;

(c) where the claim is amended and there is no enquiry into the amendment, the day on which WRA ceases to have power to enquire into the amendment.

(3) The Welsh Ministers may by regulations—

(a) provide that the records required to be kept and preserved under this section include, or do not include, records of a description prescribed by the regulations;

(b) prescribe descriptions of supporting documents that are required to be kept under this section.

(4) Regulations under this section may make provision by reference to things specified in a notice published by WRA in accordance with the regulations (and not withdrawn by a subsequent notice).

(5) “Supporting documents” includes accounts, books, deeds, contracts, vouchers and receipts.