4th June 2025
11th December 2024
Welsh Government announce business rate changes in budget
The Welsh Government announced yesterday (Tuesday) it will cap the increase for the business rates multiplier to 1% for 2025/26, despite calls for it to be frozen. Subject to ratification by the Welsh Senedd, the... Continue reading12th August 2024
Tax system reform in Wales includes business rate changes
The Local Government Finance (Wales) Bill has been recently passed by the Welsh Senedd and locks in a series of changes to tax systems in Wales, with some affecting business rates. The Bill was introduced... Continue reading3rd January 2024
Welsh Non-Domestic Rates – latest news for 2024/25 financial year
The Welsh Government has announced its draft budget including updates relating to Non-Domestic Rates (NDR) that will take effect between April 1, 2024, to 31st March 2025. The most noteworthy elements are: The increase to... Continue reading12th June 2023
Summer consultation launched by Welsh Government on business rate reforms
The Welsh Government is pursuing a range of reforms during the current legislative term which will introduce noticeable changes to Non-Domestic (business) Rates in Wales. To support its case, it has launched a consultation to... Continue reading15th March 2023
Rating appeals restricted in Wales
The Senedd has recently passed The Valuation for Rating (Prescribed Assumptions) (Wales) Regulations 2023. The regulations go further than similar English regulations that explicitly mention Coronavirus (see The Valuation for Rating (Coronavirus) (England) Regulations 2023).... Continue reading
7th March 2023
Welsh guidance on Transitional Rates Relief for 2023 Revaluation released
The Welsh Government has released guidance for Transitional Rates Relief for the 2023 business rates’ Revaluation. The guidance provides ratepayers and local authorities with information about the transitional relief available, following the Non-Domestic Rates (NDR)... Continue reading
13th December 2022
Welsh business rates’ multiplier frozen for 2023-34
The Welsh Government has announced that the business rates’ multiplier has been frozen for 2023-24, giving some relief to nervous Welsh businesses which have been waiting on today’s news. Further updates have also been revealed... Continue reading12th August 2020
Wales announce business rates’ revaluation delay to 2023
Wales has joined England in announcing the dates for a delayed business rates’ revaluation. The next non-domestic rates revaluation in Wales will now take effect in 2023 and be based on property values as at... Continue reading- 1
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