Tax Collection and Management (Wales) Act 2016 section 1

Overview of Act

Section 1 provides a high-level overview of how the Tax Collection and Management (Wales) Act 2016 is structured and what each of its main parts covers.

• The Act establishes the Welsh Revenue Authority (WRA) and sets out its organisation, functions, and investigatory powers for administering devolved taxes in Wales.
• It provides the framework for assessing devolved taxes, counteracting tax avoidance arrangements, and imposing penalties and interest on late payments.
• It covers how payments are made to the WRA, how unpaid amounts are recovered, and how taxpayers can seek reviews of or appeal against WRA decisions.
• It also grants powers to make subordinate legislation for investigating criminal offences relating to devolved taxes and includes general provisions that apply across the whole Act.