MS, Cabinet Secretary for
Finance and Welsh Language: Today (23 July 2025) sees the
publication of the Welsh Revenue Authority's
(WRA) Annual Report and Accounts for 2024-25. The document
reports on the final year of delivery against their three-year corporate
plan.
During the year the WRA reached a significant milestone in
collecting £2 billion in Land Transaction Tax (LTT) and Landfill
Disposals Tax (LDT) since it started operating in 2018. Over the
years this revenue has made a considerable contribution to
funding Welsh public services, such as schools and the
NHS.
The WRA continues to deliver through a Welsh way of doing tax –
supporting people to pay the right amount of tax at the correct
time. As testament to this, during 2024-25 the vast majority of
tax returns were filed on time, and correctly.
The WRA has also been working with the Welsh Government in its
preparations for a National Register for visitor accommodation
and Visitor Levy for Wales; making sure the legislation (due for
Royal Assent in August this year) is developed alongside
operational insight. I welcome the expected expansion of WRA's
role and use of its approach, as we continue to create a fair tax
system in Wales.
This statement is being issued during recess in order to keep
members informed. Should members wish me to make a further
statement or to answer questions on this when the Senedd returns
I would be happy to do so.
