Part of 4. Questions to the Minister for Finance and Trefnydd – in the Senedd at 1:08 pm on 1 July 2020.
I thank Mark Reckless for those questions. I think it is possible to say two things. The first is that Welsh taxes will be affected by the coronavirus outbreak, but it is impossible to say at this point to what extent that will be and to what extent it will be different to that across the border in England. I think it's worth reflecting that we're not as out of step with what's happening in England as might be suggested. We are only a couple of weeks different in some respects to what's happening across the border, and already we see some areas of England going into local lockdowns. So, there'll be all kinds of different considerations that will play out in the period ahead and which will impact on taxes. But, overall, as Mark Reckless knows, we are protected from UK-wide economic shocks through the block grant adjustments, so I don't think that the impact on land transaction tax, for example, or landfill disposals tax will be of a significant order.