HMRC has confirmed that the Welsh Government and the National Assembly for Wales will become responsible for some of the taxes paid in Wales in April 2018.
Stamp Duty Land Tax and landfill tax will come under the Welsh Government’s control from 1 April 2018. However, the Welsh rate of income tax will not come into effect until 1 April 2019.
The Welsh rate of income tax will operate in a similar way to the Scottish rate of income tax, with HMRC retaining responsibility for collecting the tax. Individuals have been advised that they do not need to do anything as long as HMRC has their correct address, which can be checked and updated through the individual’s personal tax account.
Revenue from the Welsh rates of income tax will go to the Welsh Government.
