Business rates in Wales

Taxation in Wales
UK Government Departments
HM Treasury HM Revenue and Customs
Welsh taxation
Taxation in Wales Welsh Revenue Authority Welsh Rates of Income Tax Land Transaction Tax Landfill Disposals Tax Welsh Tax Acts etc. (Power to Modify) Act
Local taxation
Council Tax Business rates
UK Government
Taxation in the United Kingdom
v t e

This article is part of a series within the Politics of the United Kingdom on the
Politics of Wales
The Crown The Monarch Charles III Heir Apparent William, Prince of Wales Prerogative Royal family Succession Privy Council King-in-Parliament Lord-lieutenant Llwynywermod England and Wales Laws in Wales Acts 1535 and 1542 Principality of Wales Welsh republicanism
Government Welsh Government Gething government (list) First Minister (list) Rt Hon Vaughan Gething MS (L) Cabinet Civil Service Welsh Budget Taxation Directorates Sponsored bodies State-owned enterprises Crown Buildings, Cathays Park Counsel General – Mick Antoniw MS (L) Chief Whip and Trefnydd – Jane Hutt MS (L) International relations Internal diplomatic missions Welsh Government international offices
Legislature Senedd Sixth Senedd Llywydd (Presiding Officer) Elin Jones MS (PC) Leader of the Opposition Andrew RT Davies MS (C) Shadow Cabinet (current) Primary legislation (list) Acts Measures Statutory instruments Members (MSs) Current members Elections (by-elections) Constituencies and electoral regions First Minister's Questions Devolution referendum (2011 referendum) Government of Wales Act 1998 2006 Act 2014 Act 2017 Act Senedd estate, Cardiff Bay (Senedd building Tŷ Hywel Pierhead Building)
Wales and the United Kingdom HM Government Sunak ministry Prime Minister Rt Hon Rishi Sunak MP (C) Secretary of State for Wales Rt Hon David TC Davies MP (C) UK Parliament 58th Parliament House of Commons Wales Office Under-Secretary Welsh Grand Committee Welsh Affairs Select Committee Interministerial Standing Committee Government of Wales Act 2006 Elections Constituencies Current Westminster MPs Diplomatic missions Barnett formula Devolution Devolved matters Reserved matters Legislative consent motion Unionism Independence Politics of the United Kingdom
Law and justice Welsh law English law Wales-only laws Laws in Wales Acts 1535 and 1542 Wales and Berwick Act 1746 Capital of Wales: Cardiff Supreme Court of the United Kingdom Courts of England and Wales President of Welsh Tribunals Police forces Police and crime commissioner (list)
Local administration History Subdivisions of Wales Historic counties (list) Preserved counties (list) Principal areas (list) Former districts list pre-1973 list 1974-1996 Communities (list) Local government Principal councils (leader list) Corporate Joint Committees Cities (list) Cardiff (Mayor / Council) Swansea (Mayor / Council) Newport (Mayor / Council) Wrexham (Mayor / Council) Community council (list) Communities with city status Bangor St Asaph St Davids Local twinning see also: Regional terms and Regional economy
Elections and referendums Senedd elections 1999 2003 2007 2011 2016 2021 Next United Kingdom Parliament elections 1801 co-option 1802 1806 1807 1812 1818 1820 1826 1830 1831 1832 1835 1837 1841 1847 1852 1857 1859 1865 1868 1874 1880 1885 1886 1892 1895 1900 1906 1910 (Jan) 1910 (Dec) 1918 1922 1923 1924 1929 1931 1935 1945 1950 1951 1955 1959 1964 1966 1970 1974 (Feb) 1974 (Oct) 1979 1983 1987 1992 1997 2001 2005 2010 2015 2017 2019 European Parliament elections (1979–2020) 1979 1984 1989 1994 1999 2004 2009 2014 2019 Local elections 1987 1989 1991 1993 1995 1999 2004 2008 2012 2017 2022 Police and crime commissioner elections 2012 2016 2021 Referendums 1975 1979 1997 2011 2011 2016 1915–16 Anglican border polls 2004 Ceredigion mayoral Senedd constituencies and electoral regions UK parliamentary constituencies in Wales Political parties Represented in the Senedd (Labour Conservatives Plaid Cymru Liberal Democrats) Think tanks
Category Wales portal Other countries
v t e

Business rates is the commonly used name of Non-Domestic Rates in Wales,^[1] a tax on occupation of non-domestic property. Rates are a property tax used to fund local services that date back to ancient times.

History

Business rates in Wales have ancient roots,^[2] and were only formalised by the Vagabonds Act 1572 which modernized the system under the Tudor Poor Laws. The system was further reformed by the Poor Relief Act 1601.

The 1601 act was repealed in 1967, and replaced by the predecessor to business rates, the General Rate Act 1967. This was subsequently reformed in the Local Government Finance Act 1988. That act established business rates in England and Wales from 1990.

In 1989, domestic properties were removed from the rating system with the introduction of the Poll Tax, later to be replaced with Council Tax.

Welsh Government control

In 2015, powers to adjust business rates were devolved to the Welsh Government. The rates provide an income of approximately £1bn in Wales.^[3]

Scope

The Local Government Finance Act 1988 introduced a new system of business rates in England and Wales from 1990, further amended by the Local Government Finance Act 1992.

See also

• Taxation in Wales
• Local income tax
• Taxation in the United Kingdom
• Rates
• Local government in the United Kingdom:Funding

References

External links

• Valuation Office Agency