I’d like to formally move amendment 29. The amendment introduces a new sub-section to section 9 of the Bill, which would mean that the WRA must publish guidance about transactions to which the sub-section applies and that are partly in Wales and partly in England. The nature of the process in dealing with cross-border transactions, as well as the exact location of the border between England and Wales, has engendered a great deal of interest and debate within the committee. We did realise that the amount of property that may be affected was greater than we first thought, but we also realised that Wales isn’t the only nation on earth that shares a border with another country and that, therefore, we could find a solution to this.

There are concerns about the implementation of the tax, and they’re understandable. I would say that it’s a reasonable expectation from owners of properties and taxation professionals that clear information would be available on how this new tax would be implemented in terms of cross-border property. This amendment would tackle those two concerns by placing expectations on the WRA to publish guidance about cross-border transactions as well as guidance on the location of the border between England and Wales. The amendment, therefore, develops a similar amendment introduced at Stage 2, which focused on the designation of the border only, and, likewise, goes further than amendment 32, tabled in the name of Nick Ramsay.