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Tax policy framework

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Developing the tax devolution agenda in Wales.

Tax advice

Expert advice and engagement has been established to inform tax policy development.

The Cabinet Secretary for Finance and Local Government regularly meets with a Tax Advisory Group. The Tax Forum provides a two-way conversation with tax professionals and Welsh Government officials about the development of tax policy and legislation.

Tax principles

Welsh taxes should:

  • raise revenue to fund public services as fairly as possible
  • deliver Welsh Government policy objectives, in particular supporting jobs and growth
  • be clear, stable and simple
  • be developed through collaboration and involvement
  • contribute directly to the Well Being of Future Generations Act goal of creating a more equal Wales.

The Tax Policy work plan outlines the priorities for the first year of the Welsh Government’s tax policy framework. The Welsh Tax Policy Report outlines progress to date in this area and has been published as part of the draft budget 2018-19.

Rates and bands

The Welsh Tax Policy Report includes rates and bands for land transaction tax and landfill disposals tax which were proposed at the time of the draft Budget. The report makes clear these rates are subject to change following the UK government Budget. Following changes to stamp duty land tax at the time of the UK government Budget, the Cabinet Secretary for Finance announced revised land transaction tax residential rates..

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Welsh Tax Policy Report (File size: 1.5MB)
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Tax policy framework (File size: 1.3MB)
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Work plan 2017 (File size: 59KB)
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Leaflet (File size: 117KB)