, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Yes, okay. Well, thank you so much for your time this morning. Sorry that we've gone over a little bit, but, as always, it's been fascinating and we'll endeavour to put a report together now for the debate we'll be having in a couple of weeks' time.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Yes.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
—here we go—and doing the little things, in hindsight, what little thing do you wish you had done maybe at draft budget or the final budget that you have done, but that you wish you'd have done sooner, if you like—that now, with hindsight, knowing how things…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
It is probably more of a health committee question, but it was there and, yes, we've run out of time, unfortunately. And with the timescale of having to turn a report around by next week as well, or the week after, then it's going to be a tall order to get…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Yes. Just let's keep it to one; there we are. [Laughter.]
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Great.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Sorry, I know Mike has got some questions to ask.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
I'm hoping you'll indulge us by being late for that meeting by a couple of minutes, if you might.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Go on. You've got to do that. Fine.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Conscious of the time, and Mike's got some questions as well.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Thank you very much. I'll hand over to Peter now.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
The independent review of LTT suggests that announcements relating to LTT should be regular, and this could potentially be formalised as a devolved taxes fiscal event. Given the fiscal levers available to the Welsh Government, what consideration have you…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, again, it's something that I think this committee's got some interest in anyway, so it might be something that we want to get to explore further as we progress this conversation.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Because it'll be interesting to see how that's modelled through on the Scottish border, and also on the Northern Irish border as well, because obviously there are different rates either side of the border there and in Scotland, so it's certainly something…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Behavioural change.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Mike.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Is there a quantum there to that—? You talked about 97 per cent being accurate, or as accurate as they're able to corroborate. Do we know how much money we're talking about for the income tax raise, from that 3 per cent that we don't know or can't…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Listening to colleagues on this committee, I think we're committed to working with you on those things and, wherever possible, that we're able to look at those things with you and work with you collaboratively on how we best move that forward. I'd like to…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
It would make sense, wouldn't it?
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Okay. Thank you very much. Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Are there any significant ones that spring to mind?
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
And a final question on this element: you've made that money available to health and to education for those negotiations—where have you been able to move that money from? Which budget lines have been able—? Where have the underspends happened to be able to be…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, you use it as a buffer type of situation. Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
And those can be done very quickly at the end, in the last few days of the financial year. Pete.
