Wales’ new tax powers are exciting, important and a first for the National Assembly for Wales, but how should they be used to make Wales fair, prosperous and sustainable?
The final report of our ‘Tax for Good’ project looks specifically at what the National Assembly should do with the power granted in the Wales Act 2014 to introduce new devolved taxes. Following extensive research and discussions, we have produced a list of eight possible new devolved taxes, tax credits and levies, which increase corporate accountability and improve lives.
The full list of taxes proposed by the Bevan Foundation is:
- Tourism Levy
- Innovation Tax Credits
- Workforce Development Levy
- Sugar Tax
- Sunbed Tax
- Takeaway Packaging Tax
- Land Value Tax
- Water Tax
An executive summary of this report is also available to download here.
The project was kindly supported by the Joseph Rowntree Charitable Trust. To find out more about the project and see the other outputs from it, check out the project page.