7. 7. UKIP Cymru Debate: Business Rates

Part of the debate – in the Senedd on 11 October 2017.

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(Translated)

Motion NDM6526 Caroline Jones

To propose that the National Assembly for Wales:

1. Believes that:

a) small businesses constitute the economic and social heart of the Welsh high street but that the current business rates regime significantly disadvantages retailers in small towns and cities;

b) business rates are inherently inequitable because they bear little, if any, relation to business profitability and they have a chilling effect on town centres by adding significant costs to the establishment of new businesses;

c) reducing the impact of business rates would help businesses survive the challenges posed by internet shopping and give a significant boost to the high street.

2. Resolves that:

a) as an interim measure, pending the replacement of business rates by a tax related to ability to pay, business premises with a rateable value below £15,000 should be exempt and the rates of business properties within the band of £15,000—£50,000 are reduced by 20%;

b) Welsh local authorities should encourage local trade by offering at least 60 minutes free parking in their town centre car parks;

c) out-of-town shopping developments should bear a greater but reasonable share of the burden of business rates, and such rates should apply to their car parks, to help revive town centres.