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Plans to cut business rates for smaller retail shops

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The Welsh Government has announced a 12-week consultation, which could benefit around 13,000 retail properties across Wales.

It would cut rates for retail shops with rateable values less than £51,000, to help them compete with online retailers. Larger properties with rateable values over £100,000 could be charged slightly more, but some public buildings like hospitals and schools would be protected.

If approved, the changes would start on 1 April next year. The exact rates will be set during the Welsh Government's budget planning for 2026 to 2027.

Submit your comments by 12 August 2025: Proposals for non-domestic rates differential multipliers | GOV.WALES


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