Concise Minutes - Finance Committee

Meeting Venue:

Committee Room 3 - Senedd

Meeting date: Wednesday, 21 September 2016

Meeting time: 09.15 - 12.26
This meeting can be viewed
on Senedd TV at:




Assembly Members:

Simon Thomas AM (Chair)

Mike Hedges AM

Eluned Morgan AM

David Rees AM

Steffan Lewis AM

Nick Ramsay AM

Mark Reckless AM


Mark Drakeford AM, Cabinet Secretary for Finance and Local Government

Andrew Hewitt, Welsh Government

Gareth McMahon, Welsh Government

Steve O'Donoghue, Wales Audit Office

Kevin Thomas, Wales Audit Office

Nicola Evans, Wales Audit Office

Matthew Hockridge, Wales Audit Office

Committee Staff:

Bethan Davies (Clerk)

Catherine Hunt (Second Clerk)

Georgina Owen (Deputy Clerk)

Martin Jennings (Researcher)

Christian Tipples (Researcher)

Joanest Varney-Jackson (Legal Adviser)

Lakshmi Narain (Independent Advisor)



2       Introductions, apologies, substitutions and declarations of interest


2.1 The Chair welcomed Members to the meeting.




3       Papers to note


3.1 The papers were noted.




4       Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill: Evidence session 1


4.1 The Committee scrutinised the Cabinet Secretary for Finance and Local Government on the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill.


4.2 The Cabinet Secretary agreed to provide a note explaining how he believed that setting the penalty for failure to make a tax return within 12 months of the filing date at 95% of the tax due was proportionate in terms of the European Convention on Human Rights and Fundamental Freedoms.




5       Motion under Standing Order 17.42 to resolve to exclude the public from the remainder of the meeting


5.1 The motion was agreed.




6       Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill: Consideration of evidence


6.1 The Committee considered the evidence received.




7       Update on budget procedures in light of devolved taxes


7.1 The Committee noted the paper.




8       Letter from the Business Committee on the Landfill Disposal Tax Bill


8.1 The Committee noted the correspondence and agreed to write to the Business Committee.




9       Introduction to the Public Audit (Wales) Act 2013


9.1 The Wales Audit Office provided Members with an introduction to the Public Audit (Wales) Act 2013.