This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/uk-wales-politics-30298572

The article has changed 14 times. There is an RSS feed of changes available.

Version 0 Version 1
Autumn Statement: Welsh tax predicted by watchdog Autumn Statement: Welsh tax predicted by watchdog
(about 2 hours later)
Welsh tax forecasts will be published by the budget watchdog for the first time, as Chancellor George Osborne delivers his Autumn Statement. The amount of money Wales could raise if taxes were devolved will be published for the first time as part of the chancellor's Autumn Statement.
The Office for Budget Responsibility (OBR) will estimate income from taxes that will or could be devolved. The Office for Budget Responsibility (OBR) will estimate the likely proceeds from income tax, stamp duty land tax, landfill tax and the aggregates levy.
These include income tax, stamp duty land tax and landfill tax. The tax predictions will give a guide to how well the Welsh economy is doing.
News of up to £78m extra funding for Wales and a boost for £1bn plans for a power-generating tidal lagoon in Swansea Bay has already been announced. News of up to £78m extra funding for Wales and support for a tidal lagoon in Swansea Bay has already been announced.
The tax predictions, and what they say about the strength or otherwise of the Welsh economy, are expected to be pored over by politicians as Wales enters the next phase of devolution. The coalition UK government has been releasing details of its tax and spending plans in the Autumn Statement day-by-day this week in order to maximise its impact.
The coalition UK government has been releasing details of the Autumn Statement day-by-day this week in order to maximise its impact.
Tuesday's National Infrastructure Plan included for the first time the proposed tidal lagoon in Swansea but a number of hurdles have to be overcome before that receives the go-ahead.Tuesday's National Infrastructure Plan included for the first time the proposed tidal lagoon in Swansea but a number of hurdles have to be overcome before that receives the go-ahead.
It comes as Cardiff steel manufacturer Celsa wants Mr Osborne to bring forward financial aid he has pledged for 2016 because, he said, firms need help immediately. It comes as Cardiff steel manufacturer Celsa wants Chancellor George Osborne to bring forward financial aid he has pledged for 2016 because, he said, firms need help immediately.
The tax predictions, and what they say about the strength or otherwise of the Welsh economy, are expected to be pored over by politicians as Wales enters the next phase of devolution.
They will also indicate how much the Welsh government could raise to cover its spending and how much it would need from the UK Treasury for the rest.