Welsh Government business support extended

(Title Image: via Senedd TV)

Following further emergency announcements by the UK Treasury, the Welsh Government has extended support for businesses.

  • Businesses in the retail, leisure and hospitality sectors will have a year-long “holiday” from business rates. Grants will also be offered of up to £25,000 for businesses in the same sector with a rateable value of between £12,001-£51,000.
  • £10,000 grants will be available to all businesses eligible for Small Business Rates Relief (ratable value of £12,000 or less).

Economy & Transport Minister, Ken Skates (Lab, Clwyd South) said the self-employed and businesses without rateable premises was a priority for the next round of support.