Plaid Cymru Member of Parliament for Arfon, Hywel Williams and Welsh Assembly Member Siân Gwenllian have joined forces with local business owners in Arfon calling on the Welsh Labour Government to overhaul the small business rate relief scheme so that businesses with a rateable value of £10,000 or less are exempt from paying the tax.
A petition drawn up by Caernarfon business owner Endaf Cooke and Gavin Owen of Hwb Caernarfon also calls on any small businesses with a rateable value of between £10,000.01 and £20,000 to receive a discount/relief on a tapered scale system of between 0 - 100%.
Siân Gwenllian AM said,
‘We fully support Endaf Cooke and Gavin Owen who are petitioning the Welsh Assembly and would urge everyone to sign and share the petition as widely as possible so that it gains the momentum needed for change.’
‘We will work in partnership with the business community in Caernarfon and beyond to exert pressure on the Labour government in Cardiff to do more to support our high streets and the small business sector in Wales.’
‘Small businesses on Caernarfon’s high street and on high streets across Wales deserve our full support. Plaid Cymru would introduce a much more generous rate relief scheme in Wales as one way of helping to build vibrant high streets.’
‘Until we are in government in Wales, we will continue to lobby the Welsh Labour government to introduce a better scheme.’
Hywel Williams MP said,
‘Business rates form a greater proportion of operating costs for small businesses than they do for large firms; indeed for many SME’s in my constituency they are a real burden on profitability and viability.’
‘There are many things Welsh Government can do to support businesses in Wales by reforming business rates taxation, least of all make full use of powers to make business rates work more effectively for the Welsh economy.’
‘The message I’m getting from small businesses in Arfon is one of frustration. Too much red tape and frequent inconsistencies in the determination of rates. Reducing this burden would free up cash flow enabling small businesses to expand, invest and create employment.’
The petition can be signed by following the below link: