Commentary

V20.216 Accounting for LDT

Part V20 Landfill tax
Part V20 Landfill tax | Commentary

V20.216 Accounting for LDT

Part V20 Landfill tax | Commentary

V20.216 Accounting for LDT1

Once registered for LDT an operator is required to make returns to WRA within the specified periods, normally three months.

Returns and payments should be made to WRA no later than the filing date which unless agreement is made otherwise with WRA, will be the last working day of the month following the period end.

Records

Operators are required to maintain an LDT summary setting out the amount of LDT payable2.

In addition operators must keep further records to ensure that LDT is correctly calculated and to complete the LDT returns3. WRA guidance at LDTA/8010 (November 2018) lists the following records to be kept:

  1.  

    •     business and accounting records

  2.  

    •     transfer notes and any other original or copy records

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