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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.

Updates to this page

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

  1. Updated translation to Welsh version

  2. Welsh language version added

  3. First published.

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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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

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).

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