<p>Taxation Powers</p>

Part of 1. 1. Questions to the Cabinet Secretary for Finance and Local Government – in the Senedd at 1:37 pm on 3 May 2017.

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Photo of Mark Drakeford Mark Drakeford Labour 1:37, 3 May 2017

Well, Dirprwy Lywydd, one of the ways in which I hope we will use our new fiscal responsibilities is to be able to look at the interaction between different forms of taxation in Wales. So, we have non-domestic rates, which fall on local businesses, but we have other forms of taxation, and the Finance Committee looked very carefully during its consideration of land transaction tax, for example, on the way that land transaction tax falls on the commercial sector as well. Historically, these different streams of taxation have rather been treated by Governments as though they had little interaction with one another. We will have a narrower suite of fiscal responsibilities in Wales, but one of the opportunities that that affords us is to be able to look more closely at the way that they interact with one another, and particularly to see how they then impact upon businesses and upon the high street.