Wales plans 30% business rates cut for pubs, hotels and gyms
The Welsh Government plans a permanent 30% business rates reduction for selected hospitality and leisure properties from 1 April 2027, subject to Senedd approval.
Eligibility would require a rateable value (the property valuation used for business rates) below £51,000. Selected types include pubs, restaurants, cafés, hotels, guest houses, hostels, cinemas, theatres, museums, libraries and gyms. The proposal does not cover every pub.
Rates are calculated by multiplying rateable value by a government-set figure, called the multiplier. The threshold is not turnover or the bill itself. The plan extends a lower multiplier currently used for retail shops.
The government says the highest-value properties would fund the support through a small increase in the higher multiplier, preserving revenue for public services.
This differs from the current temporary 15% food and drink hospitality relief. It does not guarantee a 30% saving against any business’s existing bill.
Regulations are due this autumn. Exact 2027-28 multipliers will follow the UK Autumn Budget, leaving individual bills uncertain.
Background and supporting figures
Where this sits
The proposed 30% permanent support exceeds the current 15% temporary food and drink hospitality relief; these are different measures.
The higher-to-standard multiplier gap would rise by less than 1p in the pound to around 2p; the exact 2027-28 multipliers remain unconfirmed.