The rates holiday for the retail, leisure and hospitality sectors in Wales will be extended for a further 12 months. The £380m package provides retail, leisure and hospitality businesses with rateable values up to £500k, and charities in Wales with a straightforward year-long business rates holiday – going beyond what has been announced in England – providing a much-needed boost for small and medium sized businesses struggling to cope with the impacts of the pandemic. https://gov.wales/business-rates-holiday-extended-12-months
Link to Welsh Government guidance for tourism and hospitality businesses to keep employees and visitors safe during the coronavirus (Covid-19) pandemic. https://gov.wales/guidance-for-tourism-and-hospitality-businesses-coronavirus guidance-for-tourism-and-hospitality-businesses-coronavirusDownload
6 ways to improve your online security https://www.ncsc.gov.uk/cyberaware/home
A new loan scheme to support access to finance for UK business as they grow and recover from the disruption of the COVID-19 pandemic. The Recovery Loan Scheme ensures businesses of any size can continue to access loans and other kinds of finance up to £10 million per business once the existing COVID-19 loan schemes close, providing support as businesses recover and grow following the disruption of the pandemic and the end of the transition period. Once received, the finance can be used for any legitimate business purpose, including growth and investment. The government guarantees 80% of the finance to the lender to ensure they continue to have the confidence […]
Furlough will continue until September, with no change of terms. After July, businesses will be asked for a 10% contribution, rising to 20% in August and September.Support for the self-employed will also continue until September. 600,000 self-employed people excluded from the government’s support package so far will be able to claim direct cash grants as part of an extension to the SEISS.The National Living Wage will rise to £8.91 from AprilThe 5% reduced rate of VAT will be extended for six months to 30 September followed by interim rate of 12.5% for another six months. The standard rate will not return until April next year.Contactless Payment – From today, the […]
The Economic Resilience Sector Specific Grant application phase 2 window will open at 10am on Tuesday 9 March 2021 until 8pm on Friday 12 March 2021. https://fundchecker.businesswales.gov.wales/ssgp2
The Welsh Government has today announced a further £30 million for hospitality, leisure and tourism businesses affected by ongoing coronavirus restrictions.It has also confirmed that pending the outcome of the next review on 12 March, a further £150 million in grants could be made available to firms, including micro businesses, through the Welsh Government’s Non Domestic Rates (NDR) scheme if coronavirus restrictions are extended. https://gov.wales/additional-funding-hospitality-leisure-and-tourism-businesses
The Final Budget provides detail on the government’s financing, taxation and MEG level allocations. It sets out the government’s revenue and capital spending proposals. This includes detailed portfolio spending plans. https://gov.wales/final-budget-2021-to-2022
The Manchester Recovery Task Force (MRTF) has opened a public consultation, running until 10 March, offering three options to alter timetabled passenger and freight services in an attempt to improve the performance of the rail network in the Manchester area.The three proposed changes would have direct impacts on Transport for Wales’ services between North Wales and Manchester. Option a: North Wales to Manchester services diverted to serve Manchester Victoria and Stalybridge stations, removing direct services between North Wales and Manchester Airport, and the removal of stops at Manchester Piccadilly and Oxford Road stations.Option b: retain the current North Wales to Manchester Airport/Manchester Piccadilly services.Option c: divert North Wales to Manchester […]
A report on second homes and policy recommendations. https://gov.wales/second-homes-developing-new-policies