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Welsh Treasury papers and factsheets

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Preparing for the devolution to Wales of tax and borrowing powers, and related developments.

The papers include information on:

  • the principles that underlie our approach to taxation and our tax policies
  • tax policy modelling and forecasting methodology 
  • recent developments on fiscal reform across the UK
  • key facts about the current operation of UK taxes that are either being devolved to Wales, or have been considered as possibilities for full or partial devolution in the future.