Tax Collection and Management (Wales) Act 2016 (anaw6)

PART 5 E+W PENALTIES

Yn ddilys o 01/04/2018

CHAPTER 4 E+W PENALTIES RELATING TO RECORD-KEEPING AND REIMBURSEMENT ARRANGEMENTS

Penalty for failure to keep and preserve records in connection with tax returns or claims E+W

143 Penalty for failure to keep and preserve records E+W

(1) A person who fails to comply with section 38 [F1 , 38A] or 69 is liable to a penalty not exceeding £3,000.

(2) But no penalty is incurred if WRA is satisfied that any facts that it reasonably requires to be proved, and which would have been proved by the records, are proved by other documentary evidence provided to it.

Textual Amendments

F1 Word in s. 143(1) inserted (1.4.2018) by Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw 1), s. 81(2)(3), Sch. 23 para. 53; S.I. 2018/34, art. 3

Modifications etc. (not altering text)

C1 Ss. 143-145 applied (1.4.2018) by The Tax Collection and Management (Reimbursement Arrangements) (Wales) Regulations 2018 (S.I. 2018/88), regs. 1(2), 8(1)

Commencement Information

I1 S. 143 in force at 1.4.2018 by S.I. 2018/33, art. 3