Welsh Government must provide business rates information – says Tory leader

By GEM Staff Reporter in Local People

“Businesses in Cowbridge must be provided with information on the new business rates scheme, ” South Wales Central regional AM, Andrew RT Davies said last week.

The Welsh Tory leader raised the issue in the Senedd, when he asked Leader of the House, Jane Hutt AM, for a statement on the scheme.

He pointed out that after announcing additional money would be made available, Cabinet Secretary for Finance, Mark Drakeford AM, said he was hopeful that the proposals could be brought forward to early February.

However, in the second week of February, the information was still not available.

Mr Davies said that businesses caught by the revaluation would need time to adjust, and with the new financial year approaching, the information should be provided as soon as possible.

In response, Ms Hutt said the issue was “progressing” and that the Cabinet Secretary was working hard to ensure early notice is provided.

Mr Davies said: “When the Welsh Government announced that the additional £10 million would be made available to help small businesses like those in Cowbridge, I welcomed the news.

“Many local businesses face real problems as a result of the revaluation, and I am hopeful the support will help them adjust.

“It is vital they receive information on how this scheme will operate, so that they can make arrangements in time for when the new rates kick in.

“The Cabinet Secretary for Finance and Local Government indicated this would be available in early February, but two weeks into the month nothing has been brought forward.

“It is vital this is provided as soon as possible to assist small business owners affected.”

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