Green Growth Wales »The proposed Green Growth Wales fund aims to increase and accelerate projects to deliver green investment in Wales.Learn more »
CGI to bring 620 jobs to Bridgend thanks to Welsh Government Support
First Minister, Carwyn Jones and Economy Minister, Edwina Hart have today welcomed 620 new jobs which are being created in Bridgend by CGI with Welsh Government support.
- Minister launches Tenneco-Walker’s second factory in the Heads of the Valleys which will create 220 jobs
- Spot checks reveal no systemic concerns about patient care in Welsh hospitals
- CGI to bring 620 jobs to Bridgend thanks to Welsh Government Support
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
- The development of an energy efficiency strategy for Wales
- Early Years Outcomes Framework
- Consultation on introducing a points system for fishing vessel masters convicted of serious offences
- Food Hygiene Rating (Promotion of Food Hygiene Ratings) (Wales) Regulations
- Smoke-free private vehicles carrying children
- Extending access to intermediary services for descendants and relatives of adopted people
Section highlightHousing (Wales) Act 2014The Act introduces significant improvements across the housing sector to ensure that people have access to a decent, affordable home and better housing-related services.
Legislative programme 2014 - 2015 »
Bills that the Welsh Government will bring forward in 2014/2015.Learn more »
Section highlightWales for Africa grant
The Wales for Africa grant supports projects that build mutually beneficial links between Wales and Sub-Saharan Africa.
Draft Budget 2015-16 »
The amount of funding allocated to Welsh Government Departments for 2015-16 is £15·3bn.Learn more »
- Statistics & Research
Non-Domestic (business) Rates
Non Domestic Rates (NDR) are also known as Business Rates and are a property tax paid by non domestic properties.
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.
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: It is normally the case that the multiplier is set according to the Retail Price Index (RPI) figure 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 2014 has capped the increase to 2 per cent, and the multiplier for the financial year 2014-15 is 0.473.
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 RV if it thinks it is incorrect.
All NDRs 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.
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.