Business Advice and Support
Help for Businesses – COVID 19
Business Support Finder Tool
UK Government ‘support finder’ tool will help businesses and self-employed people to quickly and easily determine what financial support is available to them during the coronavirus pandemic.
Written Statement: Non-Domestic Rates Relief for Businesses in 2022-23
Rebecca Evans MS, Minister for Finance and Local Government
I am today announcing that the Welsh Government will be providing an additional £116m package of non-domestic rates relief for businesses in the sectors most directly affected by the Covid-19 pandemic.
Retail, leisure and hospitality ratepayers in Wales will receive 50% non-domestic rates relief for the duration of 2022-23. Like the scheme announced by the UK Government, the Welsh Government’s Retail, Leisure and Hospitality Rates Relief scheme will be capped at £110,000 per business across Wales. Our approach means that businesses in Wales will receive comparable support to that provided in other parts of the UK.
To ensure businesses in Wales are sufficiently supported, and reflecting the nature of our tax base, we have invested an additional £20 million on top of the consequential funding received from the UK Government. This is in addition to our permanent relief schemes that provide over £240m of relief every year.
This extended retail, leisure and hospitality relief scheme, in combination with our existing permanent relief schemes, will ensure that over 85,000 properties in Wales are supported in paying their rates bills in 2022-23.
Overall, since the outbreak of the pandemic, the Welsh Government has provided extensive additional support to businesses through the non-domestic rates system. Through our reliefs and grant schemes, we have provided over £2.2bn of support to businesses and other ratepayers throughout Wales to help them manage their way through difficult circumstances.
The Welsh Government is also announcing a freeze of the non-domestic rates multiplier in Wales for 2022-23. The multiplier is an integral part of determining ratepayers’ bills. This decision will ensure, prior to applying any reliefs, that there will be no increase in the amount of rates which businesses and other ratepayers pay next year.
We remain committed to supporting businesses to recover from the impacts of the pandemic and to thrive moving forward.
Decarbonisation and Covid Challenge Fund
The Decarbonisation and Covid Challenge Fund fund aims to fund collaborative projects that can deliver innovative solutions in relation to the decarbonisation agenda, whilst aiding the recovery of the Welsh food and drink sector which has been adversely affected by the pandemic.
Welsh Government Financial Support and Grants
See more details and how to apply: Business Wales Financial Support and Grants
Businesses in the Hospitality, leisure and retail sectors with a Rateable Value of below £500,000 are eligible for 100% business rates relief for the financial year 2021/2022.
Statutory Sick Pay Support
For more information: Guidance for employees, employers and businesses
Support for the Self Employed
Self-employment Income Support Scheme
For more information: Self Employment Income Support Scheme
Self-Employment Income Support Scheme grant extension
The grant extension is for self-employed individuals who are currently eligible for the Self-Employment Income Support Scheme and are actively continuing to trade, but are facing reduced demand due to coronavirus (COVID-19).
For more information: Support for Self Employed
Support for Fisheries Sector
Food Safety Standards
Information for Businesses open during Coronavirus
BT: Small Business Support Scheme
Information for Small Business Support Scheme
If you are an employer looking to create jobs placements for young people, apply for funding as part of the Kickstart Scheme.
Covid 19 Innovation Support
Ensuring that your business is COVID-19 safe and compliant while remaining productive and profitable can feel like a huge challenge. But help is available, at no cost to manufacturing businesses in Wales, through SMART Innovation programme, funded by the European Regional Development Fund.
From helping your business to operate safely and meet the necessary guidelines, to working with you to identify other opportunities to make your company more productive and profitable, SMART Innovation is here to help. Make your business safe, efficient and productive today.
Hundreds of businesses have already benefited from the SMART Innovation programme.
Find out more now: Innovation Support
*The UK Government has guaranteed funding for European Regional Development Fund (ERDF) projects until programme closure.
We would also like to hear from businesses in order that we can understand how much support is required.
Contact us via email via firstname.lastname@example.org
Useful links and other support:
HMRC Helpline: 0800 0159 559