Traders in Denbighshire are being informed of business rate relief being offered for the coming financial year.
In December
2021, the Welsh Government announced an extension to the business rate relief
scheme to support businesses across Wales for 2022/23.
Denbighshire
County Council will be administering the support in the county on behalf of the
Welsh Government.
All occupied
properties wholly or mainly being used as retail, hospitality and leisure
businesses are eligible to receive 50 per cent business rate relief.
This is a
reduction from the last two years of the Welsh Government scheme where
businesses were able to receive 100 per cent rate relief and means in many
cases traders will have to pay a portion of business rates for the 2022/23
financial year.
You can apply
for the scheme online via the council’s website.
Steve Gadd,
the council’s Head of Finance and Property, said: “The Welsh Government has
announced the scheme will be application based and therefore businesses will
need to apply for this rate relief.
“We have
worked to ensure the process is as simple as possible and we are encouraging
businesses to come forward, check if they are eligible and apply for this
funding.
“The last two
years have been difficult for businesses and this support will provide
assistance to traders who have been working hard serving our communities,
creating jobs and supporting the local economy.”
The Welsh
Government has said businesses will receive their annual bill without the
relief being awarded and that a revised bill will be issued later in the year.
* For more
information or to apply please visit www.denbighshire.gov.uk/en/business/business-rates/relief-and-reductions.aspx
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