Written question WQ82507
- Asked by
- Peter FoxConservative
- To be answered by
- Minister for Finance and Local Government
- Tabled
- Due
- Answered
- Time to answer
- 8 days
Question
Will the Minister commit to reforming business rates after the temporary freezing of business rates comes to an end at the end of this financial year?
Answer
Answered by Minister for Finance and Local Government
In the fifth Senedd term (2016-2021), the Welsh Government explored a range of potential future reforms to local taxes in Wales. A Summary of Findings was published on 24 February 2021:
https://gov.wales/reforming-local-government-finance-wales-summary-findings
As we embark on the sixth Senedd, we are considering our priorities for a stronger, greener and fairer Wales. Within this context, we will consider how to improve our non-domestic rates system while sustaining vital revenue for the local services from which we all derive a significant benefit. Future decisions about non-domestic rates will form part of these important considerations.