Long description

This diagram is headed 'Welsh Government Funding 2020-2021', and shows a breakdown of various funding sources. The largest is 'Funding from UK Government' at £14.7 billion* or 80%. The asterisk marks this footnote: '*Does not include annually managed expenditure (AME) or non-fiscal DEL'. The next largest funding segment is 'Welsh Rates of Income Tax' at £2.2 billion or 12%. Next is 'Non-Domestic Rates' at £1.1 billion or 6%. And finally 'Fully Devolved Taxes' at £281 million or 2% – this is broken down into 'Land Transaction Tax' at £245m, and 'Landfill Disposals Tax' at £36m. Underneath this diagram is the text 'Capital borrowing by Welsh Government: £125m / Planned repayment of capital borrowing: £6m. Planned use of Wales' revenue reserves: £125m.'