What consideration has the Minister given to introducing longer-term rates relief for businesses operating in the retail, hospitality and leisure sectors?
Answered by Minister for Finance and Local Government | Answered on 13/03/2024
As a result of our generous package of permanent reliefs, over 75,000 ratepayers benefit from reduced rates bills and almost half of all ratepayers pay no rates at all. This includes many businesses in the retail, leisure and hospitality sectors.
I have committed to reviewing all existing rates relief schemes in this Senedd term. We provide over £250m of permanent support each year and it is important these relief schemes continue to be targeted appropriately.