Retail, Leisure and Hospitality Rates Relief Scheme 2024-2025
On 19 December 2023, the Minister for Finance and Local Government announced the continuation of the relief on a temporary basis for 2024-25.
The relief is being offered from 1 April 2024 and will be available until 31 March 2025.
This relief is aimed at businesses and other ratepayers in Wales in the retail, leisure and hospitality sectors, for example shops, pubs and restaurants, gyms, performance venues and hotels.
The scheme aims to provide support for eligible occupied properties by offering a discount of 40% on non-domestic rates bills for such properties. The scheme will apply to all eligible businesses, however the relief will be subject to a cap in the amount each business can claim across Wales. The total amount of relief available is £110,000 across all properties occupied by the same business.
All businesses are required to make a declaration that the amount of relief they are seeking across Wales does not exceed this cap, when applying to individual local authorities.