Energy Wales Statement »The energy system in Wales is on the threshold of great change driven by new energy, technology and low carbon energy transition objectives.Learn more »
Got a burning question for the Welsh Government? Why not come along to a Carwyn Connect event
Got a burning question for the Welsh Government? Then why not come along to a Carwyn Connect event.
- Wales replaces the axed UK Independent Living Fund
- Minister in Lyon to share lessons for Future Generations
- Got a burning question for the Welsh Government? Why not come along to a Carwyn Connect event
- National Pathway for Homelessness Services to Children, Young People and Adults in the Secure Estate
- Draft revised guidance on disciplinary and dismissal procedures for school staff
- Prevention of Pollution (Oil Storage) (Wales) Regulations
- Draft non-statutory guidance for local authorities on elective home education
- Welsh Government Draft Equality Objectives for 2016-2020
- Future arrangements for the Welsh Government’s Equality and Inclusion Programme for 2017-2020
Featured consultation »Draft non-statutory guidance for local authorities on elective home education
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Section highlightEnvironment (Wales) BillThe bill creates the legislation needed to plan and manage Wales’ natural resources in a more sustainable and joined-up way.
Legislative programme 2014 - 2015 »
Bills that the Welsh Government will bring forward in 2014/2015.Learn more »
Section highlightTaxes in Wales
The devolution of some taxes to Wales from April 2018 provides us with the opportunity to reshape those taxes to better meet our circumstances and priorities.
1st Supplementary Budget 2015-16 »
The 1st supplementary budget proposes a number of changes to the final budget for 2015-16, which was published in December 2014.Learn more »
- Statistics & Research
Non-Domestic (business) Rates
Non Domestic Rates (NDR) are also known as Business Rates and are a property tax paid on non-domestic properties.
NDR are the means by which businesses and other users of non-domestic property contribute towards the costs of local authority services.
NDR are calculated by taking the Rateable Value (RV) of a property and multiplying it by the NDR 'multiplier' or 'poundage' for the year in question. The Valuation Office Agency (VOA), which is independent of the Welsh Government, values properties for the purposes of charging NDR and assigns the RV.
The Welsh Government sets the multiplier each year. Normally the multiplier is set according to the Retail Price Index (RPI) as at the September preceding the financial year to which the multiplier applies, and it cannot be increased by more than that figure. However, the Non-Domestic Rating (Multiplier) (Wales) Order 2015 has capped the increase to 2%, and the multiplier for the financial year 2015-16 is 0·482.
There are various reliefs available which can help to reduce the rates bill for a business or other non-domestic property. The Welsh Government pays 100% of mandatory rate reliefs and a percentage, in some cases up to 90%, of discretionary reliefs. A business can appeal against its RV if it thinks it is incorrect.
All NDRs are collected and paid into the Welsh Government's Non-Domestic Rates Pool. They are then redistributed to local authorities as part of the local government revenue settlement each year.
Business Rates Relief in Wales (external link) is a government-funded site, designed to provide businesses with a single source of clear and concise information on business rates.
If you have concerns about the valuation of your home or business the Valuation Tribunal Wales (external link) may be able to help you.