Skip to main content
Office for Budget Responsibility

"It is the duty of the Office to examine and report on the sustainability of the public finances"

Follow us on Twitter, this link opens in a new window Subscribe to our YouTube Channel, this link opens in a new window Connect with us on LinkedIn, this link opens in a new window
  • Publications
      • Medium-term forecasts
      • Coronavirus analysis
      • Long-term projections
      • Forecast evaluation
      • Welfare spending trends
      • Fiscal risks
      • Monthly commentary
      • Devolution
      • Box sets
      • Other releases
      • Papers
      • Corporate and governance
  • In-depth
    • Tax by tax, spend by spend
    • The economy forecast
    • Policy costings
    • Brexit analysis
    • Brief guides and explainers
    • Forecast process and papers
    • OBR macroeconomic model
  • Data
  • News
  • About
    • What we do
    • Who we are
    • Legislation and related material
    • External reviews
    • Working with Government
    • International engagement
    • Vacancies
  • FAQs
  • Contact
Follow us on Twitter, this link opens in a new window Subscribe to our YouTube Channel, this link opens in a new window Connect with us on LinkedIn, this link opens in a new window

Darllenwch yn Gymraeg

16 December 2019

Welsh taxes outlook – December 2019

In accordance with the fiscal framework agreed by the Welsh and UK Governments, we have been commissioned by the Welsh Government to produce independent forecasts for devolved Welsh taxes. We formally took on this role in April 2019, with this first report being published alongside the Welsh Government’s 2019-20 Draft Budget.

Our first Welsh taxes outlook (WTO) sets out our forecast for each of the devolved Welsh taxes: Welsh rates of income tax, land transaction tax and landfill disposal tax.

On 25 February we updated our December 2019 Welsh taxes outlook to incorporate new data.

pdf

Welsh taxes outlook – February 2020 update

February 25, 2020 – 116 KB
pdf

Welsh taxes outlook - December 2019

December 16, 2019 – 862 KB

Supporting documents

xlsx

Welsh taxes outlook - December 2019 - Chart and tables

December 16, 2019 – 2 MB
pdf

Terms of Reference between the Welsh Government and OBR

April 5, 2019 – 439 KB
pdf

Financial Framework between the Welsh Government and OBR

April 5, 2019 – 363 KB
pdf

Memorandum of Understanding between the Welsh Government and OBR

April 5, 2019 – 70 KB
pdf

Presentation on the Welsh taxes outlook

January 21, 2020 – 257 KB

About

  • What we do
  • Who we are
  • Legislation and related material
  • External reviews
  • International engagement
  • Working with Government
  • Vacancies

Publications

  • Coronavirus analysis
  • Economic and fiscal outlook
  • Fiscal sustainability report
  • Forecast evaluation report
  • Welfare trends report
  • Monthly public finance release
  • Devolution
  • Box sets
  • All other publications

Forecasts in-depth

  • Tax by tax, spend by spend
  • The economy forecast
  • Policy costings
  • Brief guides and explainers
  • Brexit analysis
  • Forecast process and papers
  • OBR macroeconomic model

About the OBR

  • What we do
  • Who we are
  • Legislation and related material
  • External reviews
  • International engagement
  • Working with Government
  • Vacancies

Transparency

  • Governance and reporting
  • Letters
  • Requests for information
  • Evidence to parliaments
  • Press notices and presentations
  • Accessibility statement
  • Privacy Policy
  • Cookie Policy
  • Copyright
  • Contact us

© 2021 Office for Budget Responsibility

14T, 102 Petty France, London SW1H 9AJ
[email protected]

This site uses essential and analytical cookies: Find out more.