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£116m support package unveiled as Wales updates business rates system
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£116m support package unveiled as Wales updates business rates system
Mark Drakeford MS Cabinet Secretary for Finance and Welsh Language Businesses across Wales facing increased non-domestic rates bills from next April will receive transitional support under a new £116 million package announced by the Welsh Government. The funding accompanies the 2026 revaluation of business rates, which will update liabilities to reflect current property values. Ministers say the shift — the first undertaken under Wales’ new thre…
·Wales, United Kingdom
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