Welsh Revenue Authority

Welsh Revenue Authority
Awdurdod Cyllid Cymru
Non-ministerial government department overview
Formed 1 October 2017 (2017-10-01)
Jurisdiction Wales
Headquarters Pontypridd
Employees 50 (2017)
Minister responsible
Non-ministerial government department executives
  • Dyfed Alsop, Chief Executive
  • Kathryn Bishop, Chair
Key document
Website beta.gov.wales/welsh-revenue-authority

Welsh Revenue Authority (Welsh: Awdurdod Cyllid Cymru) is a non-ministerial department of the Welsh Government responsible for the administration and collection of devolved taxes in Wales.

Welsh Revenue Authority is accountable to the National Assembly of Wales.

History

For over 800 years most taxes in Wales had been collected by the UK Government.[1] The Welsh Revenue Authority was formed in 2017 the first non-ministerial government department of the Welsh Government, in anticipation of it becoming responsible for collecting taxes devolved to the Welsh Assembly under the terms of the Wales Act 2014 and 2017.[2] The 2017 Act also gave the Welsh Assembly powers to vary the basic rate of income tax by 10p, but this will be administered by HMRC.[3]

The Tax Collection and Management (Wales) Act 2016, which establishes the legal basis for the operation of the Welsh Revenue Authority, was passed by the Welsh Assembly in April 2016.[4]

The Welsh Revenue Authority was officially established to collect Wales' newly devolved taxes - the first Welsh-wide tax collection system for over 800 years.[5]

Devolved taxes

The Wales Act 2014 and Wales Act 2017 devolved the following taxes to the Welsh Assembly:[6]

  • Non-domestic rates (business rates) - from 1 April 2015
  • Land Transaction Tax (LTT) - from 1 April 2018
  • Landfill Disposal Tax (LDT) - from 1 April 2018
  • Welsh rate of Income Tax (WRIT) - from 1 April 2019

The relevant legislation governing the Welsh Tax Authority and Welsh taxes are:

  • Tax Collection and Management (Wales) Act 2016
  • Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017
  • Landfill Disposals Tax (Wales) Act 2017

Governance structure

The Minister responsible for the Welsh Revenue Authority is the Secretary for Finance, Mark Drakeford AM. Dyfed Alsop was appointed as CEO to lead the organisation [7]

The Board of the Welsh Revenue Authority is composed of six members. Its main role is to develop and approve the Welsh Revenue Authority's overall strategy, approve final business plans and advise the Chief Executive on key appointments. It also performs an assurance role and advises on best practice.

Board

Kathryn Bishop was appointed as chair.As of November 2017 the members of the Board are:[8]

  • Kathryn Bishop, Chair
  • Jocelyn Davies
  • Dyfed Edwards
  • David Jones
  • Lakshmi Narain
  • Martin Warren

References

  1. ↑ "Fiscal Devolution in Wales:An update on preparations for its implementation" (PDF). Wales Audit Office. 21 December 2017. Retrieved 7 January 2018.
  2. ↑ "What we do". Welsh Revenue Authority. 21 September 2017. Retrieved 7 January 2018.
  3. ↑ "Welsh Treasury and fiscal reform". Welsh Government. 2 February 2017. Retrieved 7 January 2018.
  4. ↑ "Devolved taxes forecast" (PDF). Office for Budget Responsibility. November 2017. Retrieved 7 January 2018.
  5. ↑ "Welsh Treasury and fiscal reform". Welsh Government. 2 February 2017. Retrieved 7 January 2018.
  6. ↑ "Welsh Treasury and fiscal reform". Welsh Government. 2 February 2017. Retrieved 7 January 2018.
  7. ↑ "Ex-senior Plaid politicians on new tax collection body". BBC. 22 September 2017. Retrieved 7 January 2018.
  8. ↑ "Welsh Revenue Authority". WRA. 21 September 2017. Retrieved 7 January 2018.
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