Tax Collection and Management (Wales) Act 2016 section 119

Penalty for failure to make tax return within 6 months from filing date

Section 119 sets out the penalty that applies when a person fails to submit a required tax return within six months after the filing date.

• A person who is required to make a tax return and fails to do so within six months after the filing date is liable to a penalty.
• The six-month period begins on the day after the filing date.
• The penalty is the greater of 5% of the devolved tax that would have been due had the return been made, or £300.
• This penalty is separate from and in addition to any earlier penalty for late filing and acts as an escalation for continued non-compliance.