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Business Rates Reductions

Retail, Leisure and Hospitality Rate Relief Wales - 2023/24

The Welsh Government has announced details of a new temporary business rate relief scheme under which retail, leisure and hospitality properties will benefit from April 2023. The 2023/24 scheme offers a discount of 75% on non-domestic rate bills for eligible occupied properties but the relief is subject to a £110,000 cap on the amount each business can claim across properties occupied by the same business in Wales.