The number of properties eligible for small business rates relief will be limited to two properties per business in each local authority. This means big businesses won’t benefit disproportionately from the scheme and rates relief will be targeted to support local businesses. This releases approximately £7m which is being reinvested in other areas of relief.
Full Cabinet Written Statement http://gov.wales/about/cabinet/cabinetstatements/2017/smallbusinesratesrelief/?lang=en
The Non-Domestic Rating (Small Business Relief) (Wales) Order 2017 http://www.assembly.wales/laid%20documents/sub-ld11322/sub-ld11322-e.pdf
Consultation summary of responses document https://consultations.gov.wales/consultations/delivering-tax-cut-small-businesses-new-small-business-rates-relief-scheme-wales
Contact for further information: Local Taxation Policy Branch, Cathays Park, Cardiff, CF10 3NQ