Section highlightLand Transaction Tax
Land Transaction Tax will replace UK Stamp Duty Land Tax in Wales.
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Business Rates Wales Review
Our Enterprise Zones offer specific incentives to attract new business to prime locations in Wales using a tailor-made Welsh solution.
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The review has now finished, read the Task and Finish group advice and recommendations and our response here.
The Task and Finish Group chaired by Professor Brian Morgan, Professor of Entrepreneurship at Cardiff Metropolitan University was set up last year.
It was tasked at examining how the business rate regime in Wales could be used to encourage economic development and growth. The Minister for Business, Enterprise, Technology and Science published the final report of the Task and Finish Group in June 2012.
The final report contained 19 principal recommendations covering an array of issues relating to business rates in Wales. The Minister for Business, Enterprise, Technology and Science asked Professor Brian Morgan to discuss the recommendations and gather feedback from businesses and other key stakeholders including the Enterprise Zone Chairs and Sector Panels during Summer 2012.
Our response to the review
In October 2012, the Welsh Government produced its response to the Review.