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