Agenda and minutes

Venue: Committee Room 4 - Tŷ Hywel. View directions

Contact: Owain Roberts 

Media

Senedd.TV: View the webcast

Transcript: Transcript for 02/02/2022 - Finance Committee

Items
Expected timing No. Item

In accordance with Standing Order 34.19, the Chair has determined that the public are excluded from the Committee's meeting in order to protect public health. This meeting will be broadcast live on www.senedd.tv

Private pre-meeting - Informal (09.15-09.30)

(09.30)

1.

Introductions, apologies, substitutions and declarations of interest

Minutes:

1.1 The Chair welcomed Members to the hybrid meeting of the Finance Committee.

(09.30)

2.

Paper(s) to note

Minutes of the meeting held on 19 Jan

Minutes of the meeting held on 21 Jan

Supporting documents:

Minutes:

2.1. The papers were noted.

2.1

PTN 1 - Letter from the Minister for Finance and Local Government: Finance Ministers' Quadrilateral meeting - 21 January 2022

Supporting documents:

2.2

PTN 2 - Letter from the Minister for Finance and Local Government on the Tax Bill: Welsh Tax Acts etc. (Power to Modify) Bill - 24 January 2022

Supporting documents:

2.3

PTN 3 - Letter from the Minister for Finance and Local Government: financial transactions capital - 26 January 2022

Supporting documents:

2.4

PTN 4 - National Audit Office report: Administration of Welsh rates of income tax 2020-21 - January 2022

Supporting documents:

(09.30-10.20)

3.

Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 2

John Cullinane, Director of Public Policy, Chartered Institute of Taxation

Lakshmi Narain, Chair of the Chartered Institute of Taxation's Welsh Technical Committee

 

Supporting documents:

FIN(6)-05-22 P1 Chartered Institute of Taxation and Low Income Tax Reforms Group

Research Service Brief

Supporting documents:

Minutes:

3.1 The Committee took evidence from John Cullinane, Director of Public Policy, Chartered Institute of Taxation; and Lakshmi Narain, Chair of the Chartered Institute of Taxation's Welsh Technical Committee on the Welsh Tax Acts etc. (Power to Modify) Bill.

BREAK (10.20-10.30)

(10.30-11.30)

4.

Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 3

Frank Haskew, Head of Tax, Institute of Chartered Accountants in England and Wales

Richard Lloyd-Bithell, Senior Policy and Technical Manager, Chartered Institute of Public Finance and Accountancy

Glenn Collins, Head of Policy, Technical and Strategic Engagement, Association of Chartered Certified Accountants UK

 

Supporting documents:

FIN(6)-05-22 P2 – Institute of Chartered Accountants in England and Wales

FIN(6)-05-22 P3 - Chartered Institute of Public Finance and Accountancy

FIN(6)-05-22 P4 - Association of Chartered Certified Accountants UK

Research Service Brief

Supporting documents:

Minutes:

4.1 The Committee took evidence from Frank Haskew, Head of Tax, Institute of Chartered Accountants in England and Wales; Richard Lloyd-Bithell, Senior Policy and Technical Manager, Chartered Institute of Public Finance and Accountancy; and Glenn Collins, Head of Policy, Technical and Strategic Engagement, Association of Chartered Certified Accountants UK on the Welsh Tax Acts etc. (Power to Modify) Bill.

 

 

 

BREAK (11.30-11.40)

(11.40-12.10)

5.

Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 4

Dyfed Alsop, Chief Executive, Welsh Revenue Authority

Sam Cairns, Chief Operating Officer, Welsh Revenue Authority

Dave Matthews, Head of Policy, Welsh Revenue Authority

 

Supporting documents:

Research Service Brief

Supporting documents:

Minutes:

5.1 The Committee took evidence from Dyfed Alsop, Chief Executive, Welsh Revenue Authority; Sam Cairns, Chief Operating Officer, Welsh Revenue Authority; and Dave Matthews, Head of Policy, Welsh Revenue Authority on the Welsh Tax Acts etc. (Power to Modify) Bill.

(12.10)

6.

Motion under Standing Order 17.42 (ix) to resolve to exclude the public from the remainder of this meeting.

Minutes:

6.1 The motion was agreed.

(12.10-12.20)

7.

Welsh Tax Acts etc. (Power to Modify) Bill: Consideration of evidence

Minutes:

7.1 The Committee considered the evidence.

(12.20-12.30)

8.

Tertiary Education and Research (Wales) Bill: Consideration of draft report

Supporting documents:

FIN(6)-05-22 P5 – Draft report

Supporting documents:

Minutes:

8.1 The Committee agreed the report with minor changes.