---
title: "Land Transaction Tax Act independent review"
ocid: "ocds-kuma6s-115722"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-115722"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-115722.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-115722.json"
source: "Sell2Wales"
current_stage: "Award"
buyer: "WELSH GOVERNMENT"
published: "2022-04-07"
---

# Land Transaction Tax Act independent review

Buyer: WELSH GOVERNMENT  
Current stage: Award  
OCID: ocds-kuma6s-115722

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-115722)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-115722.json)

## Summary

The Welsh Government has initiated a tender for the "Land Transaction Tax Act independent review," aimed at completing a comprehensive review before 24 May 2023. This project focuses on assessing modifications made to the Land Transaction Tax (LTT) legislation, ensuring its relevance and effectiveness in Wales. The procurement process is currently in the award stage, with the contract awarded to Alma Economics after receiving three bids. The contract was signed on 8 March 2022.

This procurement opportunity presents substantial growth potential for businesses specialising in research and development consultancy, particularly those with expertise in tax legislation and economic analysis. Companies with a strong understanding of land transaction policies and legislative frameworks relevant to Wales would be particularly well-positioned to compete. The emphasis on identifying areas for improvement and operational considerations opens avenues for innovative consulting providers to engage with and contribute to public sector development.

## Notice

Welsh Ministers are under a statutory obligation to make arrangements for an independent review of Land Transaction Tax (LTT) to be completed before 24 May 2023.The review will focus on the most significant changes made to the legislation to ensure it is still appropriate for Wales.Areas for review, include:* The changes made to LTT (compared to SDLT) and if they've delivered improvements* Whether the changes make the legislation more appropriate for Wales* Identifying opportunities for improvement* Considering operational practicalities* The impact of the absence of first time buyers reliefCapabilities we are looking for:The independent reviewer should have a solid understanding of the taxes applying to land transaction and legislation in Wales, and experience of conducting research.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=115722 |
| Notice type | S2W Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Apr 2022 |
| Submission deadline | 10 Dec 2021 |
| Future notice date | Not specified |
| Award date | 8 Mar 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Not specified |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WELSH GOVERNMENT |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 3NQ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Cathays |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ALMA ECONOMICS |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services
- 75 - Administration, defence and social security services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 73000000 - Research and development services and related consultancy services
- 73200000 - Research and development consultancy services
- 73210000 - Research consultancy services
- 73300000 - Design and execution of research and development
- 75111200 - Legislative services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
- 79200000 - Accounting, auditing and fiscal services
- 79220000 - Fiscal services

## Release History

- 7 Apr 2022 at 11:43 - Award - S2W Notice - Website Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=115722
- 14 Mar 2022 at 12:53 - Award - S2W Notice - Website Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=115722
- 10 Nov 2021 at 12:57 - Tender - S2W Notice - Website Invitation to Tender Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=115722

## Notice URLs

- http://
- https://etenderwales.bravosolution.co.uk/home.html

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-kuma6s-115722. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-115722.json.