Amendment 3—Rhun ap Iorwerth

Delete point 2 and replace with:

Calls on the Welsh Government to:

a) 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;

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

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

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