questionText: To ask the Chancellor of the Exchequer, how much funding the Welsh Government (a) has received and (b) is forecast to receive in additional Barnett Formula consequential funding as a result of income raised via the Residential Property Developer Tax.
answerText: The Residential Property Developer Tax is a UK-wide tax. UK-wide tax revenue goes into the UK Consolidated Fund. The Barnett formula then applies to changes in UK Government departmental budgets. The Welsh Government receives around 20% more funding per p...
heading: Property Development: Taxation