The Welsh Conservatives will also be supporting Stage 4 of this Bill. Can I also thank the Chair of the Finance Committee for his work in overseeing the scrutiny of the Bill at the earlier stage? It’s been uncharted territory for an Assembly committee because, of course, it has been uncharted territory for the Welsh Government as well, and the Cabinet Secretary and his officials. Can I also pay tribute to the Cabinet Secretary Mark Drakeford for the way that he’s handled this Bill? As we’ve heard so many times, it’s the first Welsh tax Bill in 700 or 800 years. We’ve heard that phrase many times now. Can I also thank you for the way that you’ve consulted with opposition Members and opposition parties, and allowed your officers to consult with us as well when we had all manner of questions?

Of course, no-one likes being taxed, but this Bill was absolutely vital to fill the gap when the UK stamp duty is turned off very soon, in April next year. Ultimately, Cabinet Secretary, we all want the same thing: we want Welsh taxes that are transparent, efficient and that work. A former Welsh Secretary once said that devolution is a process and not an event. Well, tax devolution is also a process and not an event. We are at the start—the early stages—of that process. I hope, and the Welsh Conservatives hope, that it’s a process that will ultimately lead to a more responsible, more understandable and more accountable way of doing devolution. I think we’ve begun that process and I look forward to scrutinising and reviewing the taxes as they’re developed and as they come into effect.