Welsh Tax Policy Report - Devolved Taxes Update

The Welsh Tax Policy Report, which was published alongside the draft Budget in October 2017, provided indicative tax rates and bands for the two devolved taxes – land transaction tax and landfill disposals tax. It was accompanied by an annex, which provided an assessment of the impact of adopting the rates and the revenue the rates were forecast to raise.

On 11 December 2017, the Cabinet Secretary for Finance announced revised tax rates. This report provides an update to the information contained in the annex to the tax policy report.


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