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Tuesday, April 5, 2022

Denbighshire businesses offered rate relief for coming year

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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