, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Thanks, Jayne. Did you want to come back in, Jayne?
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Thank you. Jayne.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Mike would just like to come in quickly, if he can.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Jayne, sorry—
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
And based on that, we had a very interesting debate with the Youth Parliament. I know you've engaged with the Youth Parliament as well, and seeing that work come to fruition will be excellent as well. We started this year, but, obviously, it's something that…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Peter.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Of course, yes.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Sorry, yes, of course.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
And obviously, this committee would work with you, should those things arise and we'd do what we can to help out with making sure that it's scrutinised and done properly. I'll pass over to Mike.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
And we've got a lot of very nervous people in our communities, thinking what this winter holds for them, don't we? So, anything that we can do to help them navigate their way through this winter and beyond is something that we need to be doing. Based on your…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Of course.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Because if you decided that it was something that you might consider, you might have more income to put into that budget, so it'd be something to—. Yes, we'd be interested in understanding, and we'll probably revisit it when we see you again in December, I'd…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
And then finally from me on this bit, in terms of timings—and, obviously, we have the debate when it's the final budget—would there be any scope to have an idea of your thought process when you're laying the draft budget? And would you be in a position…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
I don't know if Peter wanted to come in on this bit. You were talking about it earlier.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Can I move on, then, to a question you've been asked a few times over the last couple of days, once by me and a couple of times by Llyr about the 20p tax rate and that being cut and whether or not you'd consider leaving it where it is? So, what would be the…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
There we are. So, we might be able to put them into our—. We've got a meeting next week, so we might be able to look at them then.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
You talked about the regulations. When are the regulations going to be laid, and when will this committee get a chance to have a look at them?
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
As you forecast, if everything stayed the same, as it were.
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Do you have an idea of what that difference will be?
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
What's the impact going to be on the actual revenue generated? Have you forecast that?
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
I'd like to move on a little bit to your announcement around land transaction tax on the back of that. Can you talk us through—? You, obviously, said in your statement that it was something that you were considering doing later on but had to bring it forward…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
And is that the inflationary figure of—what was it—about 9.9 per cent at the moment? Or is it taking into account the 13 per cent that they think it's going to get to?
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
And, correct me if I'm wrong, when we were looking at the budget that was set over the three years, is that £4 billion a straight line across the next few years or does it match up with or track the budget as it was laid out?
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Yes. I think it caught us all by a little bit of a surprise—some of the things that happened last Friday. I just wanted to look into a little bit more detail around that £4 billion. Is that purely inflationary? Or are there any other aspects that are…
, Finance Committee
Welsh Government Draft Budget 2023-24—Pre-budget scrutiny
Wonderful. Well, croeso cynnes. Lovely to have you with us. This is a pre-budget session that we're starting. Because we've changed the timings a little bit of what's happening with the budget and, obviously, we're hoping to have our budget later on in the…
