Following the Welsh Government outline draft Budget 2018-19 (released on Tuesday 3 October 2017) the Cabinet Secretary for Finance and Local Government has today published the Provisional Local Government Settlement 2018-19, this outlines funding for each of Wales’ twenty-two local authorities.
This infographic shows annual changes in the Welsh Government Draft Budget 2018-19.
This infographic shows headline figures from the draft budget 2018-19.
On Tuesday 3 October 2017, the Minister for Lifelong Learning and Welsh Language, Alun Davies AM, will look to move a motion to agree the financial resolution for the Additional Learning Needs and Education Tribunal Bill. This is the second time that the financial resolution has been on the agenda for Plenary, as it was first scheduled for debate on 6 June 2017.
What new taxes will be introduced in Wales?
On 1 April 2018, stamp duty land tax (SDLT) and landfill tax (LT) will be devolved to Wales. These taxes will be replaced by Welsh taxes known as land transaction tax (LTT) and landfill disposals tax (LDT) respectively.
The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (‘the Act’) achieved Royal Assent on 24 May 2017. The Act establishes provisions for Land Transaction Tax (LTT) in Wales, which will replace UK Stamp Duty Land Tax (SDLT) on 1 April 2018.
The Assembly will be debating the Welsh Government’s First Supplementary Budget 2017-18 in Plenary on 18 July. This blog article sets out background information on the supplementary budget, and the work of the Assembly’s Finance Committee to scrutinise the allocations made in it.
The Finance Committee took oral evidence from the Cabinet Secretary for Finance and Local Government on the changes in the supplementary budget, and has produced a report that was laid before the Assembly on 14 July.