When pressed for an update on the devolution of corporation tax powers the First Minister stated:
As part of our economic pact that was signed last year with the Prime Minister, the United Kingdom Government indicated their intention to make a decision on the devolution of corporation tax powers at the time of the autumn statement, which is on 3 December.The First Minister also discussed what he believed the priorities of the fiscal levers should be, namely stamp duty; landfill tax; aggregates tax; corporation tax and air passenger duty.
The reply from the Prime Minister confirmed that the timescale remains the same. Officials have been told that, if a positive decision is made, a Bill could be introduced in the House of Commons very shortly afterwards, but before the election.
Other subjects discussed included: Commissioner for Victims and Survivors; Gender Equality; Gregory Campbell & Barnett Formula.
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