"It is the duty of the Office to examine and report on the sustainability of the public finances"
In accordance with the fiscal framework agreed by the Welsh and UK Governments, we are formally commissioned by the Welsh Government to produce independent forecasts for devolved Welsh taxes alongside its Draft Budgets. On 10 December we published our forecasts for devolved Welsh taxes in our 2024 Welsh taxes outlook (WTO). The report is available…
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
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
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.
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…