Part of 1. 1. Questions to the First Minister – in the Senedd at 1:33 pm on 14 March 2017.
Clearly, this is an issue where we have worked over a period of time, as a very pro-business Government, to take action to help new and existing businesses, and to indeed look at the impact not just in terms of revaluation, but our business support scheme. We are looking at a new permanent scheme in terms of small business rates relief from 2018, and it’s important to target support in ways that reflect the needs of Wales. We have engaged as widely as possible about our schemes in the short time available between the Valuation Office Agency’s publication of its draft rating list and the date by which these regulations had to be in place. But it is their scheme. We have to make sure that it redistributes the amount payable between properties, reflecting changes in the property market. That’s their responsibility.