(Title Image: nurseryworld.co.uk)
Nurseries in Wales won’t have to pay business rates from next April after the Welsh Government announced 100% rate relief.
“The childcare sector has told us that a total exemption from non-domestic rates would make a real difference to their business confidence. We’ve listened and taken action.
“In addition to the significant investment we’re making in childcare, and the support we’re providing the sector to grow, today’s announcement shows our commitment to developing a top-class childcare sector in Wales.”
– Minister for Children & Social Services, Huw Irranca-Davies (Lab, Ogmore)
The move comes as part of a flagship Welsh Government policy to expand free childcare for working parents and, subsequently, expand the number of places available. It’s expected the policy will provide an additional £7.5million a year to the childcare sector.