7. 7. Welsh Conservatives Debate: Small Business Financial Support

Part of the debate – in the Senedd at 6:11 pm on 18 January 2017.

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Photo of Adam Price Adam Price Plaid Cymru 6:11, 18 January 2017

(Translated)

Yes, and certainly that would be something that we would all want to avoid, truth be told, because as we always say—we say it all the time because it’s true—small businesses are the backbone of our economy throughout Wales. It’s certainly true in the rural areas, which have suffered the most as a result of this revaluation. So, I do hope that the Cabinet Secretary will be able to tell us how and when that more comprehensive information will be available to businesses so that they can make the decisions that they need to make. I agree with some of the wider comments that the Member made with regard to looking at the different methods we can use to adapt the system in Wales to ensure that it’s not, as is true at present, a fetter on economic development. We have to now look carefully, in the context of this more wide-ranging review of policy, at the more radical suggestions with regard to how we can create a taxation context for businesses that helps us, rather than places a burden on us.