SCHEDULE 23AMENDMENTS TO THE TAX COLLECTION AND MANAGEMENT (WALES) ACT 2016
I112
In section 43 (notice of enquiry)—
a
in subsection (1), for the words from ““period”” to the end substitute “
enquiry period (but see subsection (1B)).
”
;
b
after subsection (1) insert—
1A
The enquiry period for a tax return is the period of 12 months beginning with the relevant date.
1B
But WRA may enquire into a tax return after the expiry of the enquiry period if—
a
the tax return is made in respect of a land transaction,
b
after the tax return is made, a further return is made in respect of the same land transaction,
c
WRA has issued a notice of enquiry into the further return, and
d
WRA believes it is necessary to enquire into the tax return mentioned in paragraph (a).
c
in subsection (2), at the beginning insert “
For the purposes of subsection (1A),
”
;
d
in subsection (3), for the words ““in consequence of an amendment of the tax return under section 41”” substitute—
a
as a result of an amendment of the tax return under section 41, or
b
by virtue of subsection (1B)
e
after subsection (3) insert—
4
In subsection (1B), “"further return”” means a further return made under LTTA.