Will the Minister provide detailed information about his business rate plans during the fifth Assembly, especially with regard to small and medium enterprises; including details of the levels at which 100 per cent rate relief will be provided and whether a taper will be applied?
Answered by Cabinet Secretary for Finance and Local Government | Answered on 22/07/2016
A temporary Small Business Rates Relief scheme is already in place for 2016-17 which provides support to around 70 per cent of eligible businesses in Wales with more than half paying no rates at all. Commitments for the fifth Assembly were set out in my parties manifesto ‘Together For Wales’.