Questions Without Notice from Party Spokespeople

Part of 1. Questions to the Minister for Finance and Trefnydd – in the Senedd at 1:44 pm on 8 January 2020.

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Photo of Rebecca Evans Rebecca Evans Labour 1:44, 8 January 2020

I think, in terms of our support for business, the figures that we've already seen for land transaction tax do speak for themselves, because, in the first year of land transaction tax, the changes to the rates ensure that we do maintain our attractiveness to commercial enterprises. And, as a result of these new tax rates, over 90 per cent of non-residential transactions in Wales pay the same or less tax than they would across the border in England, and we expect those changes to lead to an increase in commercial activity in Wales.