What consideration has the Cabinet Minister given to increasing the small business rates-relief threshold to reflect cumulative inflation since it was frozen in 2018?
Answered by Cabinet Minister for Finance | Answered on 10/09/2026
The Welsh Government has not considered increasing the rateable value thresholds used to determined eligibility for the relief in line with inflation. Rateable values do not increase annually in line with inflation. They are reviewed during revaluations of the whole tax-base, which may result in an increase, decrease or no change at an individual property level.