SCHEDULEAMENDMENTS TO PRIMARY LEGISLATION: TAX CREDITS
PART 2AMENDMENTS TO THE TAX COLLECTION AND MANAGEMENT (WALES) ACT 2016
16
1
Section 59 of TCMA8 (time limits for WRA assessments) is amended as follows.
2
In subsection (1), after “relevant date” insert “in any case involving a situation mentioned in section 54, 55 or 55A(a) or (b)”.
3
In subsection (2), for “or 55” substitute “, 55 or 55A(a) or (b)”.
4
In subsection (3), for “or 55” substitute “, 55 or 55A(a) or (b)”.
5
After subsection (4) insert—
4A
No WRA assessment may be made in a case involving a situation mentioned in section 55A(c)—
a
if WRA has issued a notice to the taxpayer requiring payment of the amount in question, after the period of 12 months beginning with the day after that by which the payment was required, and
b
otherwise, after the period of 12 months beginning with the day on which WRA became aware that the taxpayer was required to pay the amount in question.
6
In subsection (7)—
a
in the opening words of the definition of “relevant date”, after “(“dyddiad perthnasol”)” insert “, in relation to a WRA assessment in a case involving a situation mentioned in section 54 or 55,”;
b
at the end insert—
“relevant date” (“dyddiad perthnasol”), in relation to a WRA assessment in a case involving a situation mentioned in section 55A(a) or (b), means—
- a
where the tax credit in question was claimed in a tax return made on or before the filing date, the filing date;
- b
where the tax credit in question was claimed in a tax return made after the filing date, the day on which the tax return was made;
- c
where the tax credit in question was claimed by any other means, the day on which the claim was made.