Consultation on proposed land transaction tax opens.
The Minister for Finance and Government Business has issued a consultation paper on proposals for a Land Transaction Tax to replace Stamp Duty Land Tax in Wales in 2018.
The consultation seeks views on 28 specific questions in relation to:
tax structure, bands and rates for residential and non-residential transactions
partnerships, trusts and companies
leases
reliefs and exemptions
compliance and avoidance.
The consultation, including details of how to respond, can be found on the Welsh Government website and is open until 6 May 2015.