Written question WQ100787
- Asked by
- Dan ThomasReform
- To be answered by
- Cabinet Minister for Finance
- Tabled
- Due
- Answered
- Time to answer
- 5 days
Question
Will the Cabinet Minister extend the current 15 per cent reduction in business rates bills beyond this year through a real terms freeze to 2029 and an additional 20 per cent reduction for pubs, as modelled by the UK Government?
Answer
Answered by Cabinet Minister for Finance (Elin Jones)
The Welsh Government is improving non-domestic rates support for eligible hospitality businesses from 1 April 2027, through the permanent rebalancing of the system set out in my oral statement on 15 September. The associated regulations were laid on 6 October, accompanied by a Regulatory Impact Assessment and summary of the Welsh Government’s Integrated Impact Assessment.