Part of 1. 1. Questions to the Cabinet Secretary for Finance and Local Government – in the Senedd at 1:51 pm on 11 January 2017.
The Cabinet Secretary said this morning that it was not a foregone conclusion that there’d be devolution of income tax-raising powers and that his group would be weighing it up over the weekend and only deciding on the legislative consent motion on Monday. I wonder if he could help me resolve an apparent discrepancy between that statement and the fiscal framework that he has signed on behalf of the Welsh Government, which states at paragraph 14 the Welsh Government’s funding will ultimately comprise two separate funding streams:
Revenues from business rates, devolved taxes (stamp duty land tax and landfill tax) and Welsh rates of income tax;
Adjusted block grant funding from the UK government.’
He told our committee this morning that partial devolution of income tax may not happen. Why, therefore, has he put his signature to a document that says devolution of the Welsh rates of income tax will happen?