Report by the Commission on Devolution in Wales »We hope that this Report will give us the foundation for a fundamental reform of the devolution settlement.Learn more »
Jobs Growth Wales ends its second year on a high: Nearly 10,000 job opportunities filled and counting
Deputy Minister for Skills and Technology, Ken Skates, has welcomed latest figures showing Jobs Growth Wales has now created over 12,400 job opportunities, with 9,700 young people filling these jobs.
- Hi-tech system developed in Wales designed to support clinical trials for cell therapy and regenerative medicine
- Lord Mayor of London hears of compelling proposition to attract financial and professional services firms to Wales
Featured Article »Landmark social care Bill passes National Assembly scrutiny
- Jobs Growth Wales ends its second year on a high: Nearly 10,000 job opportunities filled and counting
In this section
- Business and economy
- Children and young people
- Culture and sport
- Education and skills
- Environment and countryside
- Equality and diversity
- Health and social care
- Proposals concerning the publication of Sustainable Development Indicators statistical outputs
- Consultation on the regulations to introduce a new Firefighters’ Pension Scheme in Wales from April 2015
- Onshore oil exploration activities: integrated pollution prevention and control
- Statutory Guidance to the Independent Remuneration Panel for Wales in relation to the salaries of Local Authority Chief Executives
- Consultation on the findings of the report on the Impact and Effect of the Non-Domestic Rating (Definition of Domestic Property) (Wales) Order 2010.
- Achieving high standards together - a new framework for animal health and welfare in Wales
Featured consultation »Curriculum for Wales: Phase 1 - revised literacy and numeracy arrangements
49 days left
Section highlightThe Housing (Wales) Bill
The Bill will introduce significant improvements across the housing sector to ensure that people have access to a decent, affordable home and better housing-related services.
Legislative programme 2013 - 2014 »
The First Minister detailed the 8 bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the 3rd year of the Welsh Assembly.Learn more »
Section highlightProject pipeline update - December 2013
This Wales Infrastructure Investment Plan annex highlights planned investments and potential procurement opportunities.
2nd Supplementary Budget 2013-14 »
The 2nd Supplementary Budget proposes a number of changes to the 1st Supplementary Budget for 2013-14, which was published on 25 June 2013.Learn more »
- Statistics & Research
The UK Government published the Wales Bill on 20 March 2014. The purpose of the Bill is to devolve taxation and borrowing powers to the Welsh Government and National Assembly for Wales. This is as a result of the UK Government’s acceptance of the majority of recommendations published in the 1st Silk Commission report.
The Wales Bill aims to fully devolve:
- Non-domestic rates (also known as ‘Business Rates’)
- Stamp duty land tax
- Landfill tax
The first of these taxes to be devolved will be Non-domestic rates, which will take effect in Wales from April 2015. Stamp duty land tax and landfill tax require the passage of the Wales Bill through the UK Parliament and have a target date of April 2018. From that date, UK versions of the taxes will be “turned off” and replacement Welsh taxes will come into effect.
Devolving taxes to Wales enables us to develop a tax system that is simpler, fairer and supports jobs and growth. It allows us to take decisions affecting the Welsh economy in Wales.
The Wales Bill confirms that the Welsh Government will also acquire borrowing powers to invest in capital projects from 2018. Ministers will be able to borrow to invest in any devolved area of responsibility, up to a total limit of £500m. Early access to borrowing powers has been granted to help finance an enhancement to the M4, if Ministers decide to undertake such a project.
The Wales Bill also provides for up to £500m of borrowing to support revenue spending. This power will help manage budgetary fluctuations that occur as a result of tax devolution.
The Finance Minister will continue to press for further powers for Wales, as recommended in the Silk report. These include:
- Air Passenger Duty
- A higher borrowing limit
- The ability to vary income tax rates independently of one another.
The UK Government remains responsible for Stamp Duty Land Tax and Landfill Tax until April 2018. It may introduce changes to them prior to the introduction of replacement Welsh taxes.
Full details are available of the Wales Bill and Command Paper on GOV.UK (external link). View the UK Government response to the 1st Silk Commission report on GOV.UK (external link).