Friday, 29 May 2015

Tax collection devolution warning by councils

Local councils could collect new Welsh taxes, but warned they may struggle to meet the devolution deadline due to reorganization. Powers to levy a land transaction tax to replace stamp duty and a landfill disposals tax take effect in 2018. The assembly's finance committee said it was "disappointed" by the situation and called for a "phased approach". It means HMRC could continue collecting the devolved taxes until councils or another body was judged to be ready.

No comments:

Post a Comment