Finance Committee – Visit to Edinburgh

In December 2014 four committee Members, Jocelyn Davies, Committee Chair, Alun Fred Jones, Christine Chapman and Julie Morgan, visited Scotland to look at the fiscal changes taking place in Scotland–

The Wales Bill which is currently being considered by the UK Parliament will give the Assembly new tax and borrowing powers. As these powers are similar to the model set out in the Scotland Act 2012, the Assembly’s Finance Committee decided to visit the Scottish Parliament to find out more about tax devolution, tax collection and budgetary changes that have arisen as a result of the Scotland Act.

The power devolved to Wales will include stamp duty land tax and landfill tax, and (subject to a referendum) some income tax powers. The Bill will also give the Assembly greater borrowing powers.

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Meeting with Members of the Scottish Finance Committee and the Scottish Parliament’s Research Service (SPICE)

The Member’s first meeting was with their Scottish counterparts, including Kenneth Gibson, Convener (equivalent to the Chair), Malcolm Chisholm and Jean Urquhart. Members learnt more about the Scottish Budget process and discussed the changes made in Scotland since the passing of the Scotland Act.

The Committee also had informal discussions with the Scottish Parliament’s Research Service, who provide support to Members of the Scottish Finance Committee.

In the afternoon Members met with John Swinney MSP, Deputy First Minister and Cabinet Secretary for Finance, Constitution and Economy and Jane Hutt AM, Minister for Finance and Government Business. Following this there was an informal discussion Scottish Government Officials who had worked on the various tax legislation in Scotland.

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Committee Chair, Jocelyn Davies AM said:

“The visit has been very informative in our preparations for our future work on tax devolution. It is important to reflect on Scotland’s experience during this very important time of fiscal devolution.”

How to get involved and keep up-to date

Committee’s homepage for information on current inquiries and legislation the Committee is considering

Follow @SeneddFinance for all the latest information

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