Agenda and minutes

Finance Committee - Fifth Senedd - Wednesday, 17 January 2018 09.30

Venue: Committee Room 3 - Senedd. View directions

Contact: Bethan Davies

Media

Senedd.TV: View the webcast

Transcript: Transcript for 17/01/2018 - Finance Committee - Fifth Senedd

Items
Expected timing	No.	Item
(09.30)	1.	Introductions, apologies, substitutions and declarations of interest View the background to item 1. Minutes: 1.1 The Chair welcomed members to the meeting. 1.2 Apologies were received from Steffan Lewis AM.
(09.30)	2.	Paper(s) to note View the background to item 2. Minutes: 2.1 The paper was noted.
	2.1	Letter to the Chair of the Equality, Local Government and Communities Committee - Public Services Ombudsman (Wales) Bill - 10 January 2018 View the background to item 2.1 Supporting documents: FIN(5)-02-18 PTN1 Letter to the Chair of the Equality, Local Government and Communities Committee - Public Services Ombudsman (Wales) Bill - 10 January 2018 , item 2.1 PDF 407 KB
(09.30-10.30)	3.	Devolution of fiscal powers to Wales: Evidence session 3 (Welsh Revenue Authority) View the background to item 3. Kathryn Bishop, Chair, Welsh Revenue Authority Dyfed Alsop, Chief Executive, Welsh Revenue Authority Supporting documents: Restricted enclosure 6 View the reasons why document 3./1 is restricted Minutes: 3.1 The Committee took evidence from Kathryn Bishop, Chair, Welsh Revenue Authority; and Dyfed Alsop, Chief Executive, Welsh Revenue Authority on the preparations for the devolution of fiscal powers to Wales. 3.2 The Chief Executive agreed to provide the Committee with a note setting out what the WRA will do in the run-up to 1 April 2018 to ensure that the Land Registry work on cross border transactions is co-ordinated.
(10.30)	4.	Motion under Standing Order 17.42 to resolve to exclude the public from the remainder of the meeting View the background to item 4. Minutes: 4.1 The motion was agreed.
(10.30-10.45)	5.	Devolution of fiscal powers to Wales: Consideration of evidence View the background to item 5. Minutes: 5.1 The Committee considered the evidence received.
(10.45-11.10)	6.	Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017: Tax Statutory Instruments View the background to item 6. Paper 1 – The Land Transaction Tax (Tax Bands and Tax Rates) (Wales) Regulations 2018 The Land Transaction Tax (Tax Bands and Tax Rates) (Wales) Regulations 2018 The Land Transaction Tax (Tax Bands and Tax Rates) (Wales) Regulations 2018 - Explanatory Memorandum Paper 2 - The Land Transaction Tax (Specified Amount of Relevant Rent) (Wales) Regulations 2018 The Land Transaction Tax (Specified Amount of Relevant Rent) (Wales) Regulations 2018 The Land Transaction Tax (Specified Amount of Relevant Rent) (Wales) Regulations 2018 - Explanatory Memorandum Paper 3 - The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendment to Schedule 5) Regulations 2018 The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendment to Schedule 5) Regulations 2018 The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendment to Schedule 5) Regulations 2018 - Explanatory Memorandum Paper 4 - The Land Transaction Tax (Administration) (Wales) Regulations 2018 The Land Transaction Tax (Administration) (Wales) Regulations 2018 The Land Transaction Tax (Administration) (Wales) Regulations 2018 - Explanatory Memorandum Paper 5 – The Land Transaction Tax (Transitional Provisions) (Wales) Regulations 2018 The Land Transaction Tax (Transitional Provisions) (Wales) Regulations 2018 The Land Transaction Tax (Transitional Provisions) (Wales) Regulations 2018 – Explanatory Memorandum Supporting documents: Restricted enclosure 8 View the reasons why document 6./1 is restricted Restricted enclosure 9 View the reasons why document 6./2 is restricted Restricted enclosure 10 View the reasons why document 6./3 is restricted Restricted enclosure 11 View the reasons why document 6./4 is restricted Restricted enclosure 12 View the reasons why document 6./5 is restricted Minutes: 6.1 The Committee considered the following tax statutory instruments and agreed to report: · The Land Transaction Tax (Tax Bands and Tax Rates) (Wales) Regulations 2018 · The Land Transaction Tax (Specified Amount of Relevant Rent) (Wales) Regulations 2018 · The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendment to Schedule 5) Regulations 2018 · The Land Transaction Tax (Administration) (Wales) Regulations 2018 · The Land Transaction Tax (Transitional Provisions) (Wales) Regulations 2018
(11.10-11.15)	7.	Landfill Disposals Tax (Wales) Act 2017: Tax Statutory Instrument View the background to item 7. Paper 6 - The Landfill Disposals Tax (Tax Rates) (Wales) Regulations 2018 The Landfill Disposals Tax (Tax Rates) (Wales) Regulations 2018 The Landfill Disposals Tax (Tax Rates) (Wales) Regulations 2018 – Explanatory Memorandum Supporting documents: Restricted enclosure 14 View the reasons why document 7./1 is restricted Minutes: 7.1 The Committee considered the Landfill Disposals Tax (Tax Rates) (Wales) Regulations 2018 and agreed to report.

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