Welsh Taxes

Final Welsh Budget passed by Senedd

By Hamant Verma on 18 March 2021

Members of the Welsh Senedd passed the Final Budget for 2021-22 on Tuesday 9 March, with the Labour administration’s Budget going through despite opposition from Conservative and Plaid Cymru members. The same day also saw debates and votes on a supplementary Budget for the current financial year, and to confirm that Welsh Rates of Income Tax will remain in line with those in England for another year.

The fifth Welsh Parliament

By Ruth Mace on 8 March 2021

The Chartered Institute of Taxation (CIOT) and Low Incomes Tax Reform Group (LITRG) joint comments on the fifth Welsh Parliament.

Treasury Committee launches Tax after Coronavirus report

By George Crozier on 1 March 2021

The House of Commons Treasury Committee has published its much-awaited report on Tax after Coronavirus, the most ambitious parliamentary report ever produced on tax reform.

Welsh Senedd debates draft budget

By Hamant Verma on 10 February 2021

Members of the Welsh Senedd (Welsh Parliament) debated the Draft Welsh Budget 2021-22 on Tuesday (Feb 9). It was a wide-ranging debate, focused on spending plans and the budget process, with little discussion of tax changes. Members of the Senedd voted on two opposition amendments, neither of which were successful.

Tax hikes for property sales in Wales

By Hamant Verma on 23 December 2020

The Welsh Government published its draft budget for 2021-22 on Monday 21 December.

Enabling changes to Welsh tax legislation

By Ruth Mace on 20 October 2020

The Chartered Institute of Taxation (CIOT) and Low Incomes Tax Reform Group (LITRG) respond to the consultation Enabling changes to Welsh tax legislation.

Tax after coronavirus

By Ruth Mace on 20 October 2020

The Scottish and Welsh Technical Committees of the Chartered Institute of Taxation (CIOT) respond to the Treasury Committee inquiry Tax after coronavirus.

Inquiry into the implementation of the Wales Act 2014 and operation of the Fiscal Framework

By Ruth Mace on 6 October 2020

The Chartered Institute of Taxation (CIOT) and Low Incomes Tax Reform Group (LITRG) respond to the inquiry into the implementation of the Wales Act 2014 and operation of the Fiscal Framework.

Welsh Revenue Authority guidance

By Ruth Mace on 20 April 2020

The Chartered Institute of Taxation (CIOT) comment on Welsh Authority (WRA) guidance.

Pondering thorny issue of income tax in Wales

By Contributor on 28 February 2020

If the Welsh diverge upwards from English rates of income tax it might prompt some higher earners in Wales to relocate but the vast majority of people are unlikely to up sticks unless the income tax variations are very significant.