Guide
Business rates in Wales: relief schemes and how to claim
How business rates work in Wales, including the single multiplier, Small Business Rates Relief, Retail Leisure and Hospitality relief, and the unique Improvement Relief scheme. Covers how to claim each relief and key differences from England.
If your business occupies commercial premises in Wales, you pay business rates (non-domestic rates) to your local authority. Wales has its own rates system, set by the Welsh Government, with a single multiplier and relief schemes that differ from England, Scotland, and Northern Ireland.
This guide covers how rates are calculated in Wales, which reliefs you can claim, and how to apply. If you operate in both Wales and England, pay close attention to the differences in thresholds and eligibility.
Relief schemes in Wales
Wales offers several relief schemes that can significantly reduce your rates bill. The main schemes are Small Business Rates Relief (permanent), Retail Leisure and Hospitality relief (renewed annually), and Improvement Relief (unique to Wales from April 2024).
Small Business Rates Relief
This is a permanent scheme with no annual renewal required. It is the primary relief for small businesses in Wales, though the thresholds are lower than in England and Scotland.
Retail, Leisure and Hospitality relief
If your business operates in retail, leisure, or hospitality, you may qualify for a 40% discount on your rates bill. This scheme is renewed annually by the Welsh Government.
Improvement Relief
From April 2024, Wales introduced Improvement Relief, which delays any increase in your rateable value resulting from property improvements for 12 months. This is unique to Wales and removes a key barrier to investing in your premises.
Wales vs England: key relief differences
If you operate in both countries, or are choosing where to locate, these differences matter:
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How to claim relief
What next
If you are improving your business premises, read Claim Improvement Relief for business premises in Wales for the full eligibility and application process.
For a broader view of all the ways Wales differs from England for business, see Doing business in Wales: key differences from England.