Review of the legislation managing the Welsh crustacean fisheries »The crustacean fisheries are the mainstay of the Welsh fishing industry, with £3.8 million worth of crustaceans landed into Wales in 2012.Learn more »
First Minister news conference
First Minister Carwyn Jones has held a press conference following the outcome of the Scottish Referendum result.
- Extra Safe Routes in Communities funding for Bridgend schools
- Ground-breaking North Wales clothing export centre opened
- First Minister news conference
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
- Draft 10-year plan for the early years, childcare and play workforce in Wales
- Inappropriate admissions guidance
- Draft guidance on housing association board member remuneration
- Reservoir Safety in Wales: Consultation on the Commencement of Schedule 4 to the Flood and Water Management Act 2010
- Devolution, Democracy and Delivery White Paper – Reforming Local Government
- Consultation on improving the availability of allotments and community gardens
Featured consultation »Draft guidance on notifiable event for registered social landlords
21 days left
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.
1st Supplementary Budget 2014-15 »
The 1st Supplementary Budget proposes a number of changes to the Final Budget for 2014-15, which was published in December 2013.Learn more »
- Statistics & Research
Upcoming calendar »
See the schedule for all statistics and research releases.View upcoming calendar »
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 Service (external link) may be able to help you.