30 December 2022
There is still time for business rates payers in Powys to apply for the Retail, Leisure and Hospitality Rate Relief for 2022-23, the county council has said.
The Welsh Government scheme, which is being administered by Powys County Council, is offering eligible occupied businesses a discount of 50% on the business rates bill for a property.
The scheme will apply to all eligible ratepayers with a relief cap for all your business properties up to a £110,000.
To date, 870 businesses in the county have applied for the rate relief which has reduced their business rates bills by £3.4m.
The business must be in the retail, leisure, hospitality or tourism sectors. Examples include shops, pubs, restaurants, self-catering units, sports clubs and bed and breakfasts.
Businesses who meet the eligibility criteria must apply for this rate relief. It will not be automatically awarded like in previous years.
Cllr David Thomas, Cabinet Member for Finance and Corporate Transformation, said: “It is a real difficult time for those businesses in the retail, leisure and hospitality sector that currently face challenging economic times at the same time as trying to recover from the effects of the pandemic.
“I would urge those businesses who have not applied for this rate relief to do so immediately. This scheme closes on the 31 March 2023 so there is still time for businesses to apply.”
For more information on the scheme, including how to apply, go to Retail, Leisure and Hospitality Rates Relief 2022 / 2023.