12 Oct 2018

Did you know that from 6 April 2019, for the first time, money raised from the new Welsh rates of income tax will directly fund public services in Wales?

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From 6 April 2019, 10p in each of the three existing tax bands in Wales will be transferred straight to the Welsh Government to be spent on public services in Wales. Currently all income tax is paid to the UK Government to fund spending across the UK.

Tax payers living in Wales do not need to do anything differently. HMRC will continue to collect income tax as one payment, just as usual. During November, if you live in Wales, you will receive a letter from HMRC, with a Welsh Government leaflet explaining how Welsh rates of income tax will work.

Help spread the word

#MyTaxMyWales is a social media campaign illustrating how our tax goes towards funding the Welsh public services we all use, like the NHS and schools.

Follow @WelshTreasury and help to share the message.

What does this mean for Wales?

Revenue raised from Welsh rates of income tax has been included in the Welsh Budget this year for the first time, ahead of introduction of the rates in April 2019.

This means that:

  • for the first time ever, decisions about 10p in each income tax band will be made in Wales.
  • Welsh rates of income tax joins land transaction tax and landfill disposals tax, to form a range of taxes for which the Welsh Government and National Assembly for Wales are now responsible.
  • we're helping to design taxes that are more tailored to Welsh economic needs and priorities.

If you'd like any further information, please visit the Welsh Government website.