HM Treasury has laid orders to disapply SDLT and landfill tax in Wales and make transitional provision for residual expenditure through the landfill communities fund. The Welsh government has laid an order extending certain powers to Welsh Revenue Authority staff.
The Wales Act 2014, Sections 16 and 19 (Disapplication of UK Stamp Duty Land Tax and UK Landfill Tax) (Appointed Date) Order, SI 2018/214, appoints 1 April 2018 as the date for disapplication of SDLT to Wales for land transactions, and for disapplication of landfill tax to Wales. Land transaction tax (LTT) will replace SDLT in Wales from that date, subject to certain exceptions where the contract was entered into on or before 17 December 2014 (the date the Wales Act 2014 was passed). Landfill disposals tax will replace landfill tax in Wales.
The Landfill Tax (Wales) (Consequential and Transitional Provisions) Order, SI 2018/243, provides for a two-year transitional period, following devolution of landfill tax to Wales in April 2018, during which environmental bodies may continue to spend funds credited through the landfill communities fund on projects in Wales. HMRC consulted during December and January on a draft version of this instrument.
The Proceeds of Crime Act 2002 (References to Welsh Revenue Authority Financial Investigators) Order, SI 2018/196, includes members of staff of the Welsh Revenue Authority within the definition of ‘accredited financial investigators’, who may exercise certain powers of search and seizure under the Proceeds of Crime Act 2002.
HM Treasury has laid orders to disapply SDLT and landfill tax in Wales and make transitional provision for residual expenditure through the landfill communities fund. The Welsh government has laid an order extending certain powers to Welsh Revenue Authority staff.
The Wales Act 2014, Sections 16 and 19 (Disapplication of UK Stamp Duty Land Tax and UK Landfill Tax) (Appointed Date) Order, SI 2018/214, appoints 1 April 2018 as the date for disapplication of SDLT to Wales for land transactions, and for disapplication of landfill tax to Wales. Land transaction tax (LTT) will replace SDLT in Wales from that date, subject to certain exceptions where the contract was entered into on or before 17 December 2014 (the date the Wales Act 2014 was passed). Landfill disposals tax will replace landfill tax in Wales.
The Landfill Tax (Wales) (Consequential and Transitional Provisions) Order, SI 2018/243, provides for a two-year transitional period, following devolution of landfill tax to Wales in April 2018, during which environmental bodies may continue to spend funds credited through the landfill communities fund on projects in Wales. HMRC consulted during December and January on a draft version of this instrument.
The Proceeds of Crime Act 2002 (References to Welsh Revenue Authority Financial Investigators) Order, SI 2018/196, includes members of staff of the Welsh Revenue Authority within the definition of ‘accredited financial investigators’, who may exercise certain powers of search and seizure under the Proceeds of Crime Act 2002.
