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.