Independent report

The agreement between the Welsh government and the UK government on the Welsh government’s fiscal framework

On Monday 19 December, the Welsh and UK governments agreed a new fiscal framework for the Welsh government.

• From: HM Treasury and Welsh Government
• Published: 19 December 2016
• Last updated: 20 December 2016 — See all updates

Documents

The agreement between the Welsh government and the United Kingdom government on the Welsh government’s fiscal framework

PDF, 461 KB, 24 pages

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(Cymraeg) The agreement between the Welsh government and the United Kingdom government on the Welsh government’s fiscal framework

PDF, 445 KB, 24 pages

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Details

The new fiscal framework will enable the powers in the Wales Act 2014 – and any further powers devolved under the current Wales Bill – to be implemented. In particular, it will support the devolution of stamp duty land tax and landfill tax, and the creation of Welsh rates of income tax (subject to the enactment of the Wales Bill currently before Parliament).

Published 19 December 2016
Last updated 20 December 2016 + show all updates

1. 20 December 2016

   Updated translation to Welsh version

2. 19 December 2016

   Welsh language version added

3. 19 December 2016

   First published.