Amendment 2—Rhun ap Iorwerth

Delete point 4 and replace with:

Calls on the Welsh Government to:

a) expand the transitional relief available to small businesses affected by the 2017 non-domestic rates revaluation;

b) abolish business rates for all businesses with a rateable value of less than £10,000 per year, and provide tapered relief for businesses whose rateable value is between £10,000 and £20,000;

c) make all businesses during their first year of operation exempt from paying any rates in order to encourage new start-ups;

d) introduce a split multiplier for small and large businesses as is the case in Scotland and England; and

e) explore replacing business rates altogether with alternative forms of taxation which do not discourage employment, town centre regeneration and investment in plant and machinery.