New tax powers for Wales presented to Parliament

South Wales Argus: New tax powers for Wales presented to Parliament New tax powers for Wales presented to Parliament

BUSINESS rates will likely to be devolved by 2015 with stamp duty and landfill tax to follow in 2018, it was announced today.

The UK Government has published the Wales Bill to devolve financial powers to the National Assembly – including the possible power to devolve income tax subject to a referendum.

Under the provisions of the bill stamp duty land tax and landfill tax would be devolved to Wales, with the potential of further taxes to be devolved if the Assembly agrees.

Ministers would also have new powers, if the bill passes Parliament and becomes law, to fund infrastructure projects.

It would provide for a referendum in Wales, if called by the Assembly, on whether an element of income tax should be devolved, and it would allow AMs to set a Welsh rate.

However the bill still proposes a controversial “lock-step”, meaning each level of income tax could only be moved at the same rate.

Assembly terms would be extended from four to five years, making it less likely Assembly elections would clash with Westminister ones.

The Wales Bill would stop AMs from being MPs, but would remove the prohibition on candidates in Assembly elections standing in a constituency and a regional seat.

Secretary of state for Wales David Jones said the bill “will make the Assembly and the Welsh Government more accountable to the people who elect them.

“For the first time, they will be responsible not only for the money they spend but for raising some of that money as well.”

Jane Hutt, Wales’ finance minister, welcomed the announcement from the UK Government that it aims to fully devolve business rates by April 2015, which will not require legislation, and stamp duty and landfill tax by April 2018.

Ms Hutt said: “I am pleased that the UK Government is continuing to make good progress in legislating to deliver new financial powers and responsibilities to Wales.”

Comments (17)

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3:13pm Thu 20 Mar 14

Cymru Am Beth says...

God help us if the Assembly are given income tax raising powers.
If there is a referendum, then we are almost sure of the result as the 'socialist sheep' will vote for it.
God help us if the Assembly are given income tax raising powers. If there is a referendum, then we are almost sure of the result as the 'socialist sheep' will vote for it. Cymru Am Beth
  • Score: 8

3:30pm Thu 20 Mar 14

davidcp says...

Poorest country in UK, that's my earnings gone to pay for something I voted against. Aaaah, democracy!
Poorest country in UK, that's my earnings gone to pay for something I voted against. Aaaah, democracy! davidcp
  • Score: 6

3:53pm Thu 20 Mar 14

Walter Devereux says...

Why do the need to keep getting more powers? This is ridiculous. We were promised that we were voting for one thing, but it keeps mutating into something else day by day. Why?
Why do the need to keep getting more powers? This is ridiculous. We were promised that we were voting for one thing, but it keeps mutating into something else day by day. Why? Walter Devereux
  • Score: 7

4:44pm Thu 20 Mar 14

Magor says...

I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales. Magor
  • Score: 6

6:26pm Thu 20 Mar 14

Llanmartinangel says...

We reward their abject incompetence and failure by giving them more to do. You couldn't make it up. You thought your council tax bills were bad news. Just wait.
We reward their abject incompetence and failure by giving them more to do. You couldn't make it up. You thought your council tax bills were bad news. Just wait. Llanmartinangel
  • Score: 7

7:45pm Thu 20 Mar 14

Mervyn James says...

Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.
[quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back. Mervyn James
  • Score: -2

7:45pm Thu 20 Mar 14

Mervyn James says...

Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.
[quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back. Mervyn James
  • Score: -3

10:02pm Thu 20 Mar 14

scraptheWAG says...

Mervyn James wrote:
Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.
this is going to be a complete and UTTER DISASTER preper for the mother of all socialist nighmares
[quote][p][bold]Mervyn James[/bold] wrote: [quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.[/p][/quote]this is going to be a complete and UTTER DISASTER preper for the mother of all socialist nighmares scraptheWAG
  • Score: 5

10:09pm Thu 20 Mar 14

Bobevans says...

Mervyn James wrote:
Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.
And no doubt you are not paying taxes. I suspect you live on benefits which is why you are so keen on taxes going up

Like the Assembly you do not live in the real world, If you close out of town shopping centres people will just go elsewhere they will not shop in town. They don't have the time to shop in town nor are the shops open when most of these people can get to them
[quote][p][bold]Mervyn James[/bold] wrote: [quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.[/p][/quote]And no doubt you are not paying taxes. I suspect you live on benefits which is why you are so keen on taxes going up Like the Assembly you do not live in the real world, If you close out of town shopping centres people will just go elsewhere they will not shop in town. They don't have the time to shop in town nor are the shops open when most of these people can get to them Bobevans
  • Score: 5

10:13pm Thu 20 Mar 14

Bobevans says...

Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
They will put up taxes in Wales as they will be getting less from Westminster
The assembly lives in fairy land thinking they can cut taxes and spend more money. At the moment every time they run out of money they blame Westminster now the buck stops with them
[quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]They will put up taxes in Wales as they will be getting less from Westminster The assembly lives in fairy land thinking they can cut taxes and spend more money. At the moment every time they run out of money they blame Westminster now the buck stops with them Bobevans
  • Score: 7

10:48pm Thu 20 Mar 14

scraptheWAG says...

Bobevans wrote:
Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
They will put up taxes in Wales as they will be getting less from Westminster
The assembly lives in fairy land thinking they can cut taxes and spend more money. At the moment every time they run out of money they blame Westminster now the buck stops with them
yes thats what they always say I have wrote to john griffiths before and like a struck record "nasty tory cuts" are to blame that was the same day they annouced a extra 10 million for welsh language
[quote][p][bold]Bobevans[/bold] wrote: [quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]They will put up taxes in Wales as they will be getting less from Westminster The assembly lives in fairy land thinking they can cut taxes and spend more money. At the moment every time they run out of money they blame Westminster now the buck stops with them[/p][/quote]yes thats what they always say I have wrote to john griffiths before and like a struck record "nasty tory cuts" are to blame that was the same day they annouced a extra 10 million for welsh language scraptheWAG
  • Score: 6

11:38pm Thu 20 Mar 14

gingertom says...

They couldn't organise a booze up in a brewery before these new powers so heaven help us all.
They couldn't organise a booze up in a brewery before these new powers so heaven help us all. gingertom
  • Score: 6

8:05am Fri 21 Mar 14

Dai Rear says...

So it's fine to have a referendum as to whether we in Monmouth (which was and still is England) should pay more income tax than our neighbours in Ross but quite unacceptable to the socialists and the SDP or whatever they're supposed to be , to have one on whether we remain in the toxic waste dump which is the European Union? Weird.
So it's fine to have a referendum as to whether we in Monmouth (which was and still is England) should pay more income tax than our neighbours in Ross but quite unacceptable to the socialists and the SDP or whatever they're supposed to be , to have one on whether we remain in the toxic waste dump which is the European Union? Weird. Dai Rear
  • Score: 2

8:41am Fri 21 Mar 14

Bobevans says...

The problem with the assembly and also frequently with some of the electorate is the failure to recognise that there is a finite budget and that priorities have to be made. They also have to manage funding programs and accept responsibility for them. All too frequently when major WAG funded programs fail which they do frequently they just walk away from the responsibility. Far to much money is being wasted by the assembly and far to little is being achieved. It needs a good shake up
The problem with the assembly and also frequently with some of the electorate is the failure to recognise that there is a finite budget and that priorities have to be made. They also have to manage funding programs and accept responsibility for them. All too frequently when major WAG funded programs fail which they do frequently they just walk away from the responsibility. Far to much money is being wasted by the assembly and far to little is being achieved. It needs a good shake up Bobevans
  • Score: 0

12:03pm Fri 21 Mar 14

Cymru Am Beth says...

Mervyn James wrote:
Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.
You should take a look at the figures produced today, showing the tax take for each region of the UK.
10 London Constituencies pay 10% of the WHOLE tax of the UK.
Wales is third from bottom only ahead of the North East and Northern Ireland.
You are extremely delusional if you think that Wales will EVER be in a position to support itself.
If England were to 'give us our own money back' as you suggest and tell us to get on with it, how far do you think that that paltry sum would go?
The Assembly would have to raise taxes considerably to fund the shortfall.
This would result in a max exodus from Wales to avoid paying them.
I am dumbfounded that you are unable to see this.
[quote][p][bold]Mervyn James[/bold] wrote: [quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.[/p][/quote]You should take a look at the figures produced today, showing the tax take for each region of the UK. 10 London Constituencies pay 10% of the WHOLE tax of the UK. Wales is third from bottom only ahead of the North East and Northern Ireland. You are extremely delusional if you think that Wales will EVER be in a position to support itself. If England were to 'give us our own money back' as you suggest and tell us to get on with it, how far do you think that that paltry sum would go? The Assembly would have to raise taxes considerably to fund the shortfall. This would result in a max exodus from Wales to avoid paying them. I am dumbfounded that you are unable to see this. Cymru Am Beth
  • Score: 4

12:17pm Fri 21 Mar 14

Llanmartinangel says...

Cymru Am Beth wrote:
Mervyn James wrote:
Magor wrote:
I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.
Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.
You should take a look at the figures produced today, showing the tax take for each region of the UK.
10 London Constituencies pay 10% of the WHOLE tax of the UK.
Wales is third from bottom only ahead of the North East and Northern Ireland.
You are extremely delusional if you think that Wales will EVER be in a position to support itself.
If England were to 'give us our own money back' as you suggest and tell us to get on with it, how far do you think that that paltry sum would go?
The Assembly would have to raise taxes considerably to fund the shortfall.
This would result in a max exodus from Wales to avoid paying them.
I am dumbfounded that you are unable to see this.
Don't come on here with all your common sense. It doesn't work on Nationalists for a start. This article by an economist who actually did some work for WAG spells it out very clearly - it's hopeless.
http://www.walesonli
ne.co.uk/news/wales-
news/wales-couldnt-a
fford-follow-scotlan
ds-2026881
[quote][p][bold]Cymru Am Beth[/bold] wrote: [quote][p][bold]Mervyn James[/bold] wrote: [quote][p][bold]Magor[/bold] wrote: I hope they dont put up business rates like council tax has gone up,as there will be even less shops and more employers will leave Wales.[/p][/quote]Hopefully the assembly will LOWER business rates to make Wales business more appealing, it would be suicide to increase them, a good idea would be to raise business rates of out of town malls, and force them back to the high Street. As regards to taxes we cannot avoid them they are as certain as death is. We won't get ANY services without taxes paying for them, be they leisure, community or anything else. a A least we won't be dependent on England to tell us how much we can raise, lower or spend. You want all these things the reality is tax pays for them. we can spend those taxes here and not sit with our hands out waiting for England to give us our own money back.[/p][/quote]You should take a look at the figures produced today, showing the tax take for each region of the UK. 10 London Constituencies pay 10% of the WHOLE tax of the UK. Wales is third from bottom only ahead of the North East and Northern Ireland. You are extremely delusional if you think that Wales will EVER be in a position to support itself. If England were to 'give us our own money back' as you suggest and tell us to get on with it, how far do you think that that paltry sum would go? The Assembly would have to raise taxes considerably to fund the shortfall. This would result in a max exodus from Wales to avoid paying them. I am dumbfounded that you are unable to see this.[/p][/quote]Don't come on here with all your common sense. It doesn't work on Nationalists for a start. This article by an economist who actually did some work for WAG spells it out very clearly - it's hopeless. http://www.walesonli ne.co.uk/news/wales- news/wales-couldnt-a fford-follow-scotlan ds-2026881 Llanmartinangel
  • Score: 2

4:19pm Fri 21 Mar 14

blackandamber says...

God help us all.
God help us all. blackandamber
  • Score: 0

Comments are closed on this article.

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