Business Rates Relief

Business Rates Relief

Rate Relief

The Welsh Government intend to extend the Retail, Leisure and Hospitality Rates Relief scheme for properties up to a rateable value of £500,000 in Wales for a period of 12 months. Businesses in the leisure and hospitality sector with a rateable value of over £500,000 will also receive 100% rates relief for 2021-22.

Further information on Non-Domestic Rates and the support provided by the Welsh Government can be found at the following link: https://businesswales.gov.wales/business-rates-relief-in-wales

Non-Domestic Rates Relief for Businesses in 2022-23

The Welsh Government will be providing an additional £116m package of non-domestic rates relief for businesses in the sectors most directly affected by the Covid-19 pandemic.

Retail, leisure and hospitality ratepayers in Wales will receive 50% non-domestic rates relief for the duration of 2022-23. For further information visit Gov.Wales