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662712
unstar this property registered interest false more like this
star this property date less than 2016-12-20more like thismore than 2016-12-20
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Public Expenditure: Wales remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government what assessment they have made of the extent to which the agreement on the government of Wales’ Fiscal Framework published on 19 December compensates for the lower percentage increase in income tax receipts in Wales compared to the UK since 2010–11. more like this
star this property tabling member printed
Lord Hain remove filter
star this property uin HL4318 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-01-05more like thismore than 2017-01-05
star this property answer text <p>As set out in the Welsh Government’s fiscal framework, the UK and Welsh governments have agreed to apply a block grant adjustment for each band of income tax separately. Doing so will fully account for the different proportions of basic, higher and additional rate income tax payers in Wales and the rest of the UK.</p><p>This means that the Welsh Government will hold an appropriate set of risks and opportunities regarding their new income tax powers, as part of a wider funding agreement that the UK and Welsh governments agree is fair for Wales and fair for the rest of the UK.</p> more like this
star this property answering member printed Baroness Neville-Rolfe more like this
star this property question first answered
less than 2017-01-05T16:35:26.197Zmore like thismore than 2017-01-05T16:35:26.197Z
star this property answering member
4284
unstar this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
567
star this property label Biography information for Lord Hain more like this