EXTRA support has been announced for small businesses in Carmarthenshire as the Welsh Labour Government launches an enhanced High Street and Retail Rates Relief Scheme.
Assembly Member’s Eluned Morgan and Joyce Watson said the scheme would provide targeted support to help local high streets in a multi-million pound package across Wales.
As well as supporting retailers on the high street, the scheme will continue to support retailers in other locations including restaurants, cafes and public houses.
Eluned Morgan AM said: “Across Wales, 15,000 small and medium businesses will be supported in the new financial year, including xxx in Pembrokeshire. This is another action the Welsh Labour Government is taking to support local businesses as retailers continue to feel the impact of online retailers, some of whom fail to pay their taxes because of UK Government inaction.”
An additional £24.2 million of support is being made available from April, added to the £230million already provided by the Welsh Government to assist businesses with rate relief.
Joyce Watson AM said: “I welcome this latest announcement to support local businesses. It will reduce rates bills to zero for retail properties with a rateable value up to £9,100 and support of up to £2,500 towards the rates bill for retail properties with a rateable value up to £50,000.”
A further £2.4million, doubling the amount allocated to local authorities across Wales to provide additional discretionary rates relief for local businesses and other ratepayers to respond to local specific issues.
Dave Matthews, who runs the Oasis bookshop in Whitland welcomed the continued support being offered saying: “We are very happy about this continuation. Oasis is much more than a shop in Whitland, it’s a drop-in centre for the community too. What makes what we do sustainable is the fact that our business is supported by this continued rate relief.”support has been announced for small businesses in Carmarthenshire as the Welsh Labour Government launches an enhanced High Street and Retail Rates Relief Scheme.
Assembly Member’s Eluned Morgan and Joyce Watson said the scheme would provide targeted support to help local high streets in a multi-million pound package across Wales.
As well as supporting retailers on the high street, the scheme will continue to support retailers in other locations including restaurants, cafes and public houses.
Eluned Morgan AM said: “Across Wales, 15,000 small and medium businesses will be supported in the new financial year, including xxx in Pembrokeshire. This is another action the Welsh Labour Government is taking to support local businesses as retailers continue to feel the impact of online retailers, some of whom fail to pay their taxes because of UK Government inaction.”
An additional £24.2 million of support is being made available from April, added to the £230million already provided by the Welsh Government to assist businesses with rate relief.
Joyce Watson AM said: “I welcome this latest announcement to support local businesses. It will reduce rates bills to zero for retail properties with a rateable value up to £9,100 and support of up to £2,500 towards the rates bill for retail properties with a rateable value up to £50,000.”
A further £2.4million, doubling the amount allocated to local authorities across Wales to provide additional discretionary rates relief for local businesses and other ratepayers to respond to local specific issues.
Dave Matthews, who runs the Oasis bookshop in Whitland welcomed the continued support being offered saying: “We are very happy about this continuation. Oasis is much more than a shop in Whitland, it’s a drop-in centre for the community too. What makes what we do sustainable is the fact that our business is supported by this continued rate relief.”
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