Welsh Taxes


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

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.

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.

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

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

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

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

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.