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Welsh land transaction tax

30 May 2017
Issue: 4601 / Categories: News , Admin

Legislation introducing the first Welsh tax in almost 800 years received royal assent on 24 May.

At a sealing ceremony, the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill became the first Act of the assembly involving taxation.

Land transaction tax will replace stamp duty land tax in Wales when it is devolved in April 2018.

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