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Extra business rates support for high streets to be unveiled in the final Budget

Business Rates

The new support package for small businesses is part of the Welsh Government’s final Budget, which will be laid before the National Assembly on Tuesday (December 20).

The extra £10m will be targeted at high-street ratepayers – shops, pubs and cafes – including those which have seen their rates increase significantly as a result of the 2017 revaluation undertaken by the independent Valuation Office Agency. 

The targeted rate relief scheme will be provided through a special grant – the Welsh Government and Plaid Cymru have agreed the relief will be provided via a special grant in discussions ahead of the final Budget.

For more information please visit the Welsh Government website

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