5. Statement by the Cabinet Secretary for Finance: Vacant Land Tax

Part of the debate – in the Senedd at 5:07 pm on 15 May 2018.

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Photo of Mark Drakeford Mark Drakeford Labour 5:07, 15 May 2018

(Translated)

Deputy Presiding Officer, the advisory group on taxation is already helping to inform our thinking, and we have begun to engage with Wales’s planning authorities, house builders and a number of business associations. I intend to establish a particular group, made up of those with a close interest in this area, to advise on policy development. In this way, as we begin the process of securing the powers, we will continue to work closely with stakeholders to help to inform future decisions on whether to proceed with a vacant land tax.

Deputy Presiding Officer, it remains the early stages of this untested process of devolution in Wales, one that we haven’t tried before. I hope that I have been able to set out the progress made to date and the plans for further development over the coming months. I will, of course, continue to keep Members informed as we move through this new process. Thank you.