We recently highlighted Welsh Government’s consultation on business rates in Wales. We’re grateful for the feedback we received from social businesses across Wales which we will use to inform our response.
Welsh Government’s proposals for the new scheme include:
- Restricting business rates relief for businesses occupying multiple small properties
- Providing more assistance for small businesses by either increasing the threshold for 100% relief from £6,000 to £8,000, increasing the upper threshold for relief, or combination of the both.
- Widening exceptions to eligibility for rates relief for types of property which do not align with wider Welsh Government objectives. For example, the Scottish Government currently excludes any type of business associated with payday lending from its scheme.
- Targeting support for wider Welsh Government objectives. Support will be targeted at businesses which are aligned, or are working towards alignment, with Welsh Government priorities and are of social, economic or environmental benefit to Wales. Support will also be targeted at specific sectors such as childcare.
Submit a response
We’d encourage social businesses to submit their own responses and have made a template response available on our website which can be edited and personalised. The deadline for submissions is 13th October. Please contact us with any questions about this template.