Will the Cabinet Minister extend the current 15 per cent reduction in business rates bills beyond this year through a real terms freeze to 2029 and an additional 20 per cent reduction for pubs, as modelled by the UK Government?
Answered by Cabinet Minister for Finance | Answered on 07/10/2026
The Welsh Government is improving non-domestic rates support for eligible hospitality businesses from 1 April 2027, through the permanent rebalancing of the system set out in my oral statement on 15 September. The associated regulations were laid on 6 October, accompanied by a Regulatory Impact Assessment and summary of the Welsh Government’s Integrated Impact Assessment.