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New Support Package for Small Businesses to be Part of the Welsh Government’s Final Budget

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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

Business News Wales