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 will apply to all eligible businesses; however, there will be a cap on 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.
The relief available in the scheme is not being awarded automatically. Ratepayers will need to apply to each local authority and submit a declaration that they haven’t exceeded the cap in order to benefit from the rate relief.