, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Well, by maximising the spending available to us and having plans, as I say, on the stocks that we can utilise late on in the financial year, if we have to, I think that we should be not in a position where we breach that. But, obviously, we wouldn't want to…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
I would hope to be in a position to go into the financial year having put money back into the reserve. At the moment, figures are just moving around constantly. So, I think the best point at which I'd be able to provide that information would be when we get…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Yes, it was the maximum of £350 million at the end of 2021. We've drawn down £175 million in this financial year—that's the maximum that we are able to draw down. But that then creates a maximum headroom for us to be able to put money back into the Wales…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
But just to complete the picture as well, I just should put on record that we've also received £77 million of non-Barnett additions, and then a range of things—which I won't go through unless you want me to—for example, £142 million from transfers within…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Yes, I'll perhaps ask Sharon to come in on that particular point.
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Yes, so, of the additional resources set out in the supplementary budget, £686 million of those arise as a result of Barnett consequentials that were confirmed in the UK Government's supplementary estimates: £629 million were fiscal revenue; £18 million…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Well, it just makes it very difficult as you get towards the end of the financial year to know exactly what you should be investing in and what you can invest in. So, we're at the point really where we have to always have things on the stocks that we can…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
I'd be really glad to have the opportunity to put on record the situation. So, every year, the Welsh Government and all devolved Governments receive an indication from HM Treasury of any changes to the in-year budgetary position that we should expect at the…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
So, the UK Government only announced its package of support in respect of the council tax rebate scheme on 3 February, so we worked as quickly as we possibly could really to put in place a package of support that would be appropriate for Wales. It was…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Yes, it was a really, really useful summit. There were over 100 different people attending, representing the whole swathe of Welsh life in terms of the organisations that are able to offer support to individuals and to households. Directly following that, we…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Yes, from April, and we expect that there will be around 1 million properties that are eligible for this support. So, clearly, it's a big undertaking, but we're working with local government to make sure that we do it in as effective and speedy a way as…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
So, the £152 million for the £150 payment for households, which I've just described, and the £25 million are within this financial year. So, you'll see both of those in the supplementary budget. But you'll also see then in the final budget, which was laid…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Thank you very much for that question and the chance to reiterate again, really, the support that we've put in place for people in Wales through the £330 million package of support, aimed at helping low-income households address the challenges in respect of…
, Finance Committee
Welsh Government Second Supplementary Budget 2021-22: Evidence session
Bore da. Good morning, Chair and committee. I'm Rebecca Evans, Minister for Finance and Local Government.
, Plenary
Legislative Consent Motion on the Subsidy Control Bill
One of the key concerns that I have about the proposals on the part of the UK Government is that there is absolutely no assisted areas map. That was a way in which we could channel and focus spend on the deprived areas of Wales and across the UK under the…
, Plenary
Legislative Consent Motion on the Subsidy Control Bill
I haven't finished yet. [Laughter.]
, Plenary
Legislative Consent Motion on the Subsidy Control Bill
Diolch, Llywydd. I would like to begin by thanking the Chair of the Legislation, Justice and Constitution Committee for their work and for their efforts to engage with the UK Government and to get clarity. It is a matter of regret, I think, that a response…
, Plenary
Legislative Consent Motion on the Subsidy Control Bill
Diolch, Llywydd. I move the motion. I am grateful to the Economy, Trade, and Rural Affairs Committee and the Legislation, Justice and Constitution Committee for their reports on the Subsidy Control Bill, and I thank them for their comments. A supplementary…
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
For me, the review point is really important. I think hearing your views on the draft statement will be really important, and this point about retrospectivity back to the point of announcement. I'll give some more thought in terms of what that announcement…
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
Yes, I do, and just because the concept of tax avoidance isn't defined within the legislation, it doesn't mean that there's uncertainty in that respect, and I think that the provision is deliberately wide for the reasons that we've discussed. So, I don't…
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
Yes, that might be something that this committee would put in its—I can't remember the name now—end-of-term reports that committees do, recommending future work for other committees.
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
Yes. I didn't take it personally.
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
I'm not sure it does, Mike. [Laughter.]
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
My time's nearly up, Chair. [Laughter.]
, Finance Committee
Welsh Tax Acts etc. (Power to Modify) Bill: Evidence session 6
Great.
