Gwenda Thomas

More help with business rates

Gwenda Thomas AM has welcomed new measures which have been announced by Welsh Labour’s Local Government Minister Brian Gibbons, to help local businesses with their business rates.

The new measures will allow local businesses across Wales to opt to limit business rate increases to only two per cent this year as opposed to the 5% increase originally planned. The remaining 3% will be payable over the next two years.

Gwenda Thomas stated: ’I welcome these proposals to help local businesses. The changes are designed to give businesses a breathing space during this difficult economic period, and be ready for when the upturn comes’.