The Wales Act 2014 provides the Welsh Government with powers to put forward proposals for the development of new taxes in areas of devolved responsibility. These proposals must be agreed by the National Assembly, UK Government and both the House of Commons and the House of Lords.

In October 2017, the Cabinet Secretary for Finance announced 4 tax ideas that the Welsh Government would develop further in the coming months: a social care levy, a vacant land tax, a disposable plastics tax, and a tourism tax.

Following consultation, the vacant land tax proposal was prioritised to test the Wales Act powers.

Read more here.