Summary and Background
4.This is the third of three related items of legislation. The Tax Collection and Management (Wales) Act 2016 (TCMA) was the first of these pieces of legislation and sets the legal framework necessary for the devolved tax regime in Wales, covering the arrangements for the collection and management of tax, including the establishment of the Welsh Revenue Authority (WRA), whose main function will be to collect and manage devolved Welsh taxes. TCMA also includes provision about:
5.The second item of tax legislation is the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (LTTA). The LTTA Act provides for Land Transaction Tax to replace Stamp Duty Land Tax in Wales and is the first of the devolved taxes to fall under WRA’s remit. LTTA also makes amendments to TCMA, including amendments relevant to this Act. These include amendments in the areas of postponement of recovery of devolved taxes; late payment penalties and interest; and the introduction of a General Anti Avoidance Rule in relation to all devolved taxes.
6.This Act provides for the establishment of a Landfill Disposals Tax (LDT), which it is anticipated will replace Landfill Tax (LfT) in Wales from April 2018. The context and background to this Act was set out in Chapter 1 of the Welsh Government’s consultation on Developing a Landfill Disposals Tax, published on 24 February 2015(1).
7.In summary the Act makes provision for a Welsh tax to be charged on disposals to landfill in Wales. Further, it: