Business News Wales  |

Subscribe to the daily newsletter updates

Banc-leaderboard-advert-1430px-x-145px_Equity
Openreach section sidebar

Dev-Bank Wales MBO

Checks-Direct-Sidebar

CIH-BNW-Under-Section-Sidebar
15 August 2022

Retail, Leisure and Hospitality Rates Relief


Conwy County Borough Council is reminding businesses not to miss out on a new Retail, Leisure and Hospitality Rates Relief Scheme for 2022-2023. 

From 1 April 2022 eligible occupied businesses could qualify for 50% business rates relief under Welsh Government’s new Retail, Leisure & Hospitality Rates Relief Scheme.  Premises which can submit applications for this relief include shops, pubs, restaurants, cafes and hair salons. It’s estimated that in Conwy County approximately 1500 premises could benefit from the scheme amounting to a value of over £9million.

Businesses were sent information with their annual bills, but the Council is reminding them that they need to apply for this relief.

Councillor Mike Priestley, Cabinet Member for Finance, Revenue and Benefits, said

“I welcome this support for local businesses which supports our economy and would remind them to make an application as soon as possible.  In previous years rate relief has been applied automatically, so it’s important that businesses don’t forget that this year that they need to apply to the Council so that they don’t risk losing out.”

Welsh Government criteria states that the amount of relief under this Scheme will be capped at £110,000 per business across the whole of Wales.

To apply, visit the Council’s website at www.conwy.gov.uk/businessrates

 



Columns & Features:


Guest Author
29 May 2024

Why Worry About Zero Hours Contracts?
Guest Author
29 May 2024

Why Wales Offers Opportunities for Care Home Developers
Tourism
28 May 2024

How We Added Nearly £1bn to the Welsh Economy
Technology
28 May 2024

Why Wales is a Growing Epicentre for the Games Industry

In Other News:

Business News Wales //