Part of 1. 1. Questions to the First Minister – in the Senedd at 1:38 pm on 29 November 2016.
Well, I think the Member has to remember that the last time there was a revaluation was when his party was in Government. I heard no complaints at that point. It’s right to say that, in some parts of Wales, there are particular issues that will need to be addressed, but this is revenue neutral. This is not a way of the Government getting more money. This is a way of rebalancing the business rates system without there being a net gain to Government. That said, of course, we recognise that there will be some parts of Wales where things are difficult, and that’s why we’ve already announced a transitional relief scheme of £10 million, and we will look to see what else we can do in order to smooth the transition process.