Welsh Businesses

Measures for Businesses in Wales

The following measures will be put in place by the Welsh Government as of April 2020:

• 100% rates relief for retail, leisure and hospitality businesses with a rateable value of £500,000 or less
• Grants of £10,000 for small businesses in receipt of Small Business Rates Relief with a rateable value of £12,000 or less
• Grants of £25,000 for hospitality, leisure and retail properties with a rateable value of between £12,001 – £51,000

Welsh businesses need to apply for these grants via their local authority.

Additional support is available in Wales via:

• the Economic Resilience Fund including grants of £10,000 for micro-businesses employing up to nine people and grants of up to £100,000 for small and medium sized firms with between 10 and 249 employees
• the Culture Resilience Fund, providing support for museums, libraries, archives and professionals affected by coronavirus
• the Arts Resilience Fund, providing support to artists and culture organisations
• the Creative Wales Emergency Relief Fund
• the small charity fund, providing grants to charity’s with property in Wales

Further information on these funds can be found here: https://businesswales.gov.wales/coronavirus-advice/support/financial-support-and-grants