Category Archive: Scotland, Wales and Northern Ireland

Welsh taxes outlook icon

Welsh taxes outlook – February 2024

We have published an update to the Welsh taxes outlook (WTO) with new forecasts for land transaction tax and landfill disposals tax receipts, including evaluations of our previous forecasts including for the Welsh rates of income tax. The report is available in English and Welsh language. Welsh taxes outlook Rhagolwg trethi Cymreig

Welsh taxes outlook icon

Welsh taxes outlook – December 2023

We have published our forecasts for devolved Welsh taxes in our 2023 Welsh taxes outlook (WTO).  The report is available in English and Welsh language. Welsh taxes outlook – December 2023 Rhagolwg trethi Cymreig – Rhagfyr 2023

Waterfall chart showing the difference and reasons for the difference between Welsh and UK income tax per person in 2016-17

Welsh taxes outlook: February 2020

On 25 February we published an update to the December 2019 Welsh taxes outlook to account for new data released this year. The report is available in English and Welsh language.

OBR to produce independent forecasts of devolved Welsh tax revenues

In accordance with the Welsh Government’s fiscal framework, we will prepare and publish independent forecasts of devolved Welsh tax revenues for the 2019-20 Welsh Government Budget onwards. We have agreed a Memorandum of Understanding, Terms of Reference and a Financial Framework to guide this work. Yn unol â fframwaith cyllidol Llywodraeth Cymru bydd yr OBR yn…