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Welsh tax plans for 2019 revealed by Finance Minister Rebecca Evans

FINANCE MINISTER Rebecca Evans has announced the Welsh Government’s Tax Policy Work Plan for 2019.
This year’s plan focuses on developing the government’s approach to taxation in Wales – exploring the scope for continued improvement to tax administration, while further strengthening the links between tax and policy areas, and ensuring taxes remain fair throughout this process.
The plan aims to develop government proposals to build the Welsh tax base, while continuing to make the case for devolution of air passenger duty to Wales, taking forward consideration of land and property taxation, and continuing to work with the UK Government on disposable taxes and other environmental taxes. The Welsh Government will also explore further the funding options for social care in the future, progress plans to devolve powers for a vacant land tax to Wales, and develop thinking on a tourism tax.
Ensuring Welsh taxes are working effectively is a key priority in 2019. Following the successful introduction of land transaction tax and landfill disposals tax last year, and with Welsh rates of income tax going live on April 6, the government will continue to work closely with the Welsh Revenue Authority and HMRC. As part of this coordinated approach the government will also consider options for developing information resources, including data sharing and analysis to strengthen the evidence base for tax policy decisions and improved tax administration in Wales.
Continuing to build on the government’s open and transparent tax policy making process also remains a key priority. A long-term plan to build capacity on tax policy and administration will be developed, and work with the UK and other devolved governments to share best practice and address common challenges will continue. The aim is for Welsh taxpayers to understand the government approach to taxation and be clear how their taxes are supporting public services in Wales.
The Minister for Finance and Trefnydd said: “Our annual tax policy work plan is an important part of the communication process, building on what we have achieved and learned so far and identifying areas we want to explore further.
“I am committed to ensuring our tax policy is developed in an open and transparent manner and this plan is an invitation to anyone who wishes to contribute to our thinking, and help shape Welsh tax policy.”
The Welsh Government’s tax policy is being developed in line with the principles set out in the Tax Policy Framework. A report summarising the main findings will be published alongside the draft Budget in the autumn.
The full tax policy work plan for 2019 is available at: https://beta.gov.wales/tax-policy-work-plan-2019

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