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Friday, February 1, 2019

Chamber to host special session on business rates

Representatives from the Welsh Government will be attending a special meeting to unravel the complexities of business rates and how Llangollen traders could benefit to the tune of up to £2.5k.

The meeting will held at the Hand Hotel, Llangollen next Tuesday, February 5 at 6pm and has been arranged between Minister for Economy and Transport Ken Skates and  Llangollen Chamber of Trade and Tourism.

The aims to give retailers in Llangollen the opportunity to find out more about business rate relief and how it could help them.

Last month, Wales's then Finance Secretary Mark Drakeford announced that retailers  with a rateable value of up to £50,000 will receive a £2,500 cut to their business rates for 2019/2020. Some could see a zero rates bill for properties with a rateable value of up to £9,100.

At the meeting chamber members will have the chance to hear more about the benefits of business rates relief and question Welsh Government representatives Adam Evans, Business Wales Senior Manager, and Julie Questa, Senior Policy Manager: Local Taxation.

Chamber chair David Davies said: “We are grateful to the Minister for Economy and Transport Ken Skates for making this meeting happen.

"Our high streets are having a tough time at the moment  and Llangollen is no exception.

"It is therefore important that our members maximise every opportunity to boost their businesses and take advantage of any economic development assistance that come their way.

"We would encourage as many business people as possible to come and hear what the Welsh Government has to say on the matter on how it can benefit their business.”

If you have a retail business in Llangollen and want to know more about the implications of the new business rate relief then join the Chamber of Trade and Tourism for networking at 5.30pm. The meeting, which starts promptly at 6pm, is free to members and first-time visitors. 

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