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We are seeking views on the decapitalisation rates to be adopted for the 2023 non-domestic rates revaluation in Wales.

How to respond

Consultation ends:
16 June 2021
Consultation launched:

Consultation description

We are seeking views on the decapitalisation rates to be adopted for the 2023 non-domestic rates revaluation in Wales.

The decapitalisation rate is a percentage figure used to convert the capital value of a property into an annual rental value. 

We are consulting on:

  • whether the decapitalisation rates should be prescribed in legislation
  • how many rates should be prescribed
  • how the rate or rates should be calculated
  • the approach to setting decapitalisation rates in the future.

How to respond

Submit your comments by 16 June 2021, in any of the following ways:

Online form

Post

Download the response form.

Complete and return to:

Non-Domestic Rates Policy Branch
Welsh Government
Cathays Park
Cardiff 
CF10 3NQ