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Wales Passes Bill to Establish Welsh Revenue Authority for Devolved Taxes

|Approved Changes|United Kingdom
United Kingdom

On 8 March 2016, the Welsh government announced that the National Assembly for Wales has passed the Tax Collection and Management (Wales) Bill, which provides for the establishment of the Welsh Revenue Authority and the collection and management of devolved taxes. The first devolved UK taxes include the Stamp Duty Land Tax and Landfill Tax, which will be replaced by Land Transaction Tax and Landfill Disposals Tax in Wales from April 2018.

The legislation must receive royal assent before beco…

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