Report by the Commission on Devolution in Wales »We hope that this Report will give us the foundation for a fundamental reform of the devolution settlement.Learn more »
Third round of Enterprise Zones Business Rates Scheme opens
Businesses in the seven Welsh Enterprise Zones are being invited to bid for more than £3 million in the latest round of a Welsh Government Business Rate scheme.
- Welsh Ministers take hard line to end FGM in Wales
- NHS Wales Awards 2014 Finalists Announced
Featured Article »Landmark social care Bill completes stage 3 scrutiny
- Third round of Enterprise Zones Business Rates Scheme opens
In this section
- Business and economy
- Children and young people
- Culture and sport
- Education and skills
- Environment and countryside
- Equality and diversity
- Health and social care
- Consultation on the Statutory Guidance on Securing Sufficient Play Opportunities
- EIDCymru: an electronic movement reporting system for sheep and goats - the identification of sheep and the current slaughter derogation
- Achieving high standards together - a new framework for animal health and welfare in Wales
- Revising the national framework for Continuing NHS Healthcare (CHC)
- Phase 1 - Draft Report: Review of Audit, Inspection and Regulation
- Statutory Guidance to the Independent Remuneration Panel for Wales in relation to the salaries of Local Authority Chief Executives
Featured consultation »A new framework for animal health and welfare in Wales
45 days left
Section highlightThe Housing (Wales) Bill
The Bill will introduce significant improvements across the housing sector to ensure that people have access to a decent, affordable home and better housing-related services.
Legislative programme 2013 - 2014 »
The First Minister detailed the 8 bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the 3rd year of the Welsh Assembly.Learn more »
Section highlightProject pipeline update - December 2013
This Wales Infrastructure Investment Plan annex highlights planned investments and potential procurement opportunities.
2nd Supplementary Budget 2013-14 »
The 2nd Supplementary Budget proposes a number of changes to the 1st Supplementary Budget for 2013-14, which was published on 25 June 2013.Learn more »
- Statistics & Research
Non-Domestic (business) Rates
Non-Domestic Rates (NDR) are also known as business rates. They are a property tax paid on non-domestic properties. They are the means by which businesses and other users of non-domestic property contribute towards the costs of local authority services.
Non-domestic rates are calculated by taking the Rateable Value (RV) of a property and multiplying it by the non-domestic rates '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 non-domestic rates and assigns the Rateable Values.
The Welsh Government sets the multiplier each year: it cannot be increased by more than the previous September's retail price index. The provisional multiplier for the financial year 2012-13 is 0.452. 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 per cent of mandatory rate reliefs and a percentage, in some cases up to 90 per cent, of discretionary reliefs. A business can appeal against its Rateable Value if it thinks it is incorrect.
All non-domestic rates are collected and paid in to the Welsh Government’s Non-Domestic Rates Pool. They are then redistributed back to local authorities as part of the local government revenue settlement each year.
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