The Finance Secretary will today visit the Welsh Revenue Authority (WRA) on its first anniversary.
The WRA was established in October 2017, 6 months ahead of the introduction of first 2 devolved Welsh taxes in 800 years – land transaction tax (LTT) and landfill disposals tax (LDT) from 1 April 2018.
A year on and Wales has a brand new function of government. At a WRA Board meeting earlier today the Finance Secretary said:
The Welsh Revenue Authority plays a key role in our ambition to develop a tax system, which meets the unique needs of Wales.
I am pleased with the work which has been done to get us to this point.
Dyfed Alsop, chief executive of the WRA, said:
Today is a major milestone for the WRA and is testament to all the support we’ve received from all our partners.
We’re committed to delivering a fair tax system for Wales, which will help raise important revenue to support public services across Welsh communities.
The money raised from the Welsh taxes – which includes council tax and non-domestic rates and, from April 2019, Welsh rates of income tax – funds Welsh public services, from our hospitals and schools to improvements to roads and bridges.