Welsh Government assists Fox 21 Television Studios to revive ‘sleeping Dragon’ Studios
The Welsh Government has scored another major success for the TV and film industry in Wales by assisting Fox 21 Television Studios to secure the lease for Dragon Studios at Pencoed.
- Minister launches first day of discounted bus travel for young people in Wales
- More encouraging news for Wales’ tourism industry following bumper Bank Holiday weekend
- Welsh Government assists Fox 21 Television Studios to revive ‘sleeping Dragon’ Studios
- Proposed changes to Planning Policy Wales Chapter 10 and Technical Advice Note 4: Retail Centre Development
- Review of the Water Resources (Control of Pollution) (Silage, Slurry and Agricultural Fuel Oil) (Wales) Regulations 2010
- Charging guidance to Ofwat (the economic regulator of the water sector)
- The development of an energy efficiency strategy for Wales
- Welsh Government action plan to further equality for transgender people
- Secondary legislation for development management
Featured consultation »Review of the Water Resources (Control of Pollution) (Silage, Slurry and Agricultural Fuel Oil) (Wales) Regulations 2010
77 days left
Section highlightThe Planning (Wales) Act 2015
The act puts in place delivery structures, processes and procedures to make Wales’ planning system fit for the 21st century.
Legislative programme 2014 - 2015 »
Bills that the Welsh Government will bring forward in 2014/2015.Learn more »
Section highlightTaxes in Wales
The devolution of some taxes to Wales from April 2018 provides us with the opportunity to reshape those taxes to better meet our circumstances and priorities.
1st Supplementary Budget 2015-16 »
The 1st supplementary budget proposes a number of changes to the final budget for 2015-16, which was published in December 2014.Learn more »
- Statistics & Research
Upcoming calendar »
See the schedule for all statistics and research releases.View upcoming calendar »
Financial reform and tax policy
The Wales Act, which gained Royal Assent on 17 December 2014, devolves taxation and borrowing powers to the Welsh Government and National Assembly for Wales. This follows the UK Government’s acceptance of the majority of recommendations published in the 1st Silk Commission report.
The Wales Act fully devolves:
- Stamp duty land tax
- Landfill tax.
The Command Paper published alongside the Wales Bill gives a target date of April 2018 for the replacement Welsh taxes to come into effect. It also provides a date for full devolution of non-domestic rates (already partly devolved to Wales) in April 2015.
Devolving taxes to Wales enables us to develop a tax system that is simpler, fairer and supports jobs and growth. It allows us to take decisions affecting the Welsh economy in Wales. The Tax Advisory Group for Wales and the Welsh Government Tax Forum have been set up to help Welsh Ministers achieve this.
The Wales Act gives the Welsh Government borrowing powers to invest in capital projects from 2018. Ministers will be able to borrow to invest in any devolved area of responsibility, up to a total limit of £500m. Early access to borrowing powers has been granted to help finance an enhancement to the M4.
The Wales Act also provides for up to £500m of borrowing to support revenue spending to help manage budgetary fluctuations that may occur as a result of tax devolution.
Full details are available of the Wales Act and Command Paper on GOV.UK (external link). View the UK Government response to the 1st Silk Commission report on GOV.UK (external link).