Public finances

Statistics published by the Welsh Government. Each chart covers the years since the 2016 Senedd election, or as far back as the figures go, and marks each election since.

Contains public sector information licensed under the Open Government Licence v3.0.

How we show official statistics

The Programme for Government 2026 to 2030 belongs to the Seventh Senedd. Choose the Seventh Senedd to see how often each commitment has come up.

Source: Welsh Government, Programme for government 2026 to 2030: New ambition for Wales, first published on 10 September 2026. Contains public sector information licensed under the Open Government Licence v3.0. Mentions are found by matching the names of plans, bodies and schemes; a mention says nothing about progress.

Statements, debates and legislation in Plenary on this brief, newest first. Oral question sessions are counted in the contributions below.

1. 10 February 2026Legislation

   The Land Transaction Tax (Modification of Relief for Acquisitions Involving Multiple Dwellings) (Wales) Regulations 2026

   Opened by Y Dirprwy Lywydd / The Deputy Presiding Officer7 contributions

2. 10 February 2026Legislation

   The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendments to Schedule 5) Regulations 2026

   Opened by Y Dirprwy Lywydd / The Deputy Presiding Officer7 contributions

3. 27 January 2026Debate

   Welsh Rates of Income Tax 2026-27

   Debate

   Opened by Y Dirprwy Lywydd / The Deputy Presiding Officer10 contributions

4. 20 January 2026Legislation

   The Landfill Disposals Tax (Tax Rates) (Wales) (Amendment) (No. 2) Regulations 2025

   Opened by Y Llywydd / The Llywydd5 contributions

5. 21 January 2025Legislation

   The Land Transaction Tax (Tax Bands and Tax Rates) (Wales) (Amendment) Regulations 2024

   Opened by Y Dirprwy Lywydd / The Deputy Presiding Officer6 contributions

6. 21 January 2025Legislation

   The Land Transaction Tax (Modification of Special Tax Sites Relief) (Wales) Regulations 2025

   Opened by Y Dirprwy Lywydd / The Deputy Presiding Officer5 contributions

7. 9 July 2024Legislation

   The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendments to Schedule 5) Regulations 2024

   Opened by Y Llywydd / The Llywydd7 contributions

8. 12 March 2024Legislation

   The Landfill Disposals Tax (Tax Rates) (Amendment) and Tax Collection and Management (Wales) Act 2016 (Miscellaneous Amendments) (Wales) Regulations 2024

   Opened by Y Llywydd / The Llywydd7 contributions

Votes are tagged from their own titles and the agenda item they were held under.

• 37% of Welsh adults said levels of taxation would be very important to their vote.

Ipsos asked 747 Welsh adults aged 16+ between 2 April 2026 and 8 April 2026, before the 2026 Senedd election. People could choose as many issues as they liked. More on public opinion.

No written questions on this brief in the Sixth Senedd yet.

No petitions on this brief opened in the Sixth Senedd.

No committee sessions on this brief in the Sixth Senedd yet.

338 contributions in the Sixth Senedd, newest first.

1. Sam RowlandsConservative

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   Thank you, Chair. I'm going to move on to some more specific tax policies from the Welsh Government—first of all, the land transaction tax, and then I'll also ask questions on the landfill disposals tax as well. In your forecast, you have outlined expected increases in the residential land transaction tax…

   Tagged for: “land transaction tax”, “landfill disposals tax”Official Record

2. Tom Josephs

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   …impact of the personal allowance freezes and whether that is having a disproportionate impact on Welsh income tax relative to UK-wide income tax. So, that's part of the reason that we want to do that additional work, to look in more detail at that issue that I was mentioning earlier.

   Tagged for: “income tax”Official Record

3. Mike HedgesLabour

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   Thank you. Your Welsh taxes outlook provides an initial assessment of successive forecast differences for the Welsh rates of income tax for 2022-23. What have you learnt from this exercise and how will it inform your forecasts in the future?

   Tagged for: “Welsh rates of income tax”Official Record

4. Tom Josephs

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   It's not been commissioned, I think it's analysis that we are interested in doing because it will help us improve our Welsh income tax forecast in the future, but we've discussed it with colleagues at Welsh Government who are also very interested in doing this—

   Tagged for: “income tax”Official Record

5. Tom Josephs

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   …policy, so it’s in the baseline forecast. It is one of the big factors driving quite strong growth in income tax receipts over the medium term. In fact, quite a lot of that has kind of already happened or is happening this year and next year, because those freezes are particularly strong drivers of…

   Tagged for: “income tax”Official Record

6. Tom Josephs

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   There are also a couple of other specific measures that the Government announced that acted to increase income tax receipts. So, they announced quite significant additional funding for His Majesty's Revenue and Customs' compliance activities, which we estimate brings in quite significant additional…

   Tagged for: “income tax”Official Record

7. Tom Josephs

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   …growth in the short term than we otherwise would have done, and that therefore acts as a boost to income tax receipts. And that does tail off. That's a sort of temporary effect that tails off over the medium term, because we assume the economy adjusts to that additional demand.

   Tagged for: “income tax”Official Record

8. Tom Josephs

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   Yes, briefly. In terms of how that then feeds into our forecasts for Welsh income tax, so, as you know, the way in which we produce the Welsh income tax forecast is we forecast UK-wide income tax—the relevant parts of income tax—and then we calculate the Welsh share of that. So, the effects that…

   Tagged for: “income tax”Official Record

9. Yr Athro David Miles

   8 January 2025, Finance Committee

   Welsh Government Draft Budget 2025-26: Evidence session 2

   …they otherwise would have got. So, that's going to affect their taxable income and therefore it affects income tax revenue, which has implications, obviously, for the revenue you raise via the Welsh income tax. The risk is that—. That's the sort of judgment that we made, that 75 per cent of the…

   Tagged for: “income tax”Official Record

10. Peredur Owen GriffithsPlaid

    8 January 2025, Finance Committee

    Welsh Government Draft Budget 2025-26: Evidence session 2

    …like to start by examining the impact of national insurance contribution increases, the increases in Welsh rates of income tax forecasts, the risks associated with the forecast that you've made, and the financial risk that climate change has for the budget as well. So, can you explain to us to start…

    Tagged for: “Welsh rates of income tax”Official Record

11. Kate Rabaiotti

    6 January 2025, Legislation, Justice and Constitution Committee

    Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3

    Again, the first merits reporting point is just to note that land transaction tax is paid into the Welsh consolidated fund. And then the second merits point notes that no consultation was undertaken in respect of these regulations, for the reasons set out in the explanatory memorandum, in…

    Tagged for: “land transaction tax”Official Record

12. Mike HedgesLabour

    6 January 2025, Legislation, Justice and Constitution Committee

    Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3

    Are we happy to agree the reporting points? Yes. Item 4.9, the Land Transaction Tax (Tax Bands and Tax Rates) (Wales) (Amendment) Regulations 2024. These regulations amend the 2018 land transaction tax regulations by increasing the percentage tax rates for higher rates residential properties…

    Tagged for: “Land Transaction Tax”Official Record

13. Kate Rabaiotti

    6 January 2025, Legislation, Justice and Constitution Committee

    Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3

    The first merits point is noting that land transaction tax is collected by the Welsh Revenue Authority and paid into the Welsh consolidated fund. And then the second merits point just draws Members' attention to the paragraph of the explanatory memorandum that explains that the subsidy control…

    Tagged for: “land transaction tax”, “Welsh Revenue Authority”Official Record

14. Mike HedgesLabour

    6 January 2025, Legislation, Justice and Constitution Committee

    Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3

    Okay. Do Members have any views? No. Item 4.8, the Land Transaction Tax (Modification of Special Tax Sites Relief) (Wales) Regulations 2025. These regulations amend Schedule 21A to the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, which currently applies relief from…

    Tagged for: “Land Transaction Tax”, “Devolved Taxes”Official Record

15. Mark DrakefordLabour

    13 November 2024, Plenary

    Questions to the Cabinet Secretary for Finance and Welsh Language

    …of them have their bills reduced by the public, because it is the other council tax payers and other income tax payers who are providing that help to those businesses. On infrastructure, though, he makes some important points. This is where the budget of 30 October does mark a real step-change for…

    Tagged for: “income tax”Official Record

This brief follows the Programme commitments listed above and tags the record with the phrases below. Keyword matching can miss business that discusses the issue in other words, and can tag a passing mention.

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