Effect of the Land Transaction Tax Rate

Part of 1. Questions to the Cabinet Secretary for Finance – in the Senedd at 2:08 pm on 10 October 2018.

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Photo of Mark Drakeford Mark Drakeford Labour 2:08, 10 October 2018

Dirprwy Lywydd, it is too early to draw any conclusions about the potential effects of land transaction tax on the commercial property market. Only five months of data has been published by the Welsh Revenue Authority. And, of course, as I've said many times in this Chamber, the Welsh Government will continue to monitor the situation.