close
  • Home
  • About
  • Services
  • Specialisms
  • Advice & Resources
  • Contact
  • Chartered Accountants & Business Advisors
    • Shrewsbury: +44 (0) 1743 367761
    • Tarporley: +44 (0) 1829 733333
    • Wrexham: +44 (0) 1978 290285
Hall Livesey brown
  • Menu
  • HOME
  • ABOUT
    • About Us
    • Our Clients
    • Our People
    • Join Our Team
    • Leave a Google Review
    • Testimonials
  • SERVICES
    • Accountancy
    • Xero Accountants
    • Outsourced Accounting
    • Outsourced Payroll
    • Company Secretarial
    • Taxation
    • Financial Planning Services
  • SPECIALISMS
    • Agricultural
    • Medical Healthcare
  • ADVICE & RESOURCES
    • News
    • Factsheets
    • Resources
    • Budget
    • Useful Links
  • CONTACT

Welsh government delivers Budget

On 20 December 2021, the Welsh government outlined a Budget to 'build a stronger, fairer and greener Wales'.

The Welsh government unveiled a £116 million package of funding to aid with the economic recovery from the COVID-19 pandemic. This will be combined with existing permanent relief schemes that see over 85,000 properties continue to receive support. The scheme will be capped at £110,000 per business.

Many firms had been receiving 100% off their rates, which helps to pay for services provided by local government, but previous COVID-19 business rate schemes have come to an end.

A further £35 million has been set aside to freeze the non-domestic rates multiplier for 2022/23, so there will be no increase in the amount of rates businesses are paying.

Meanwhile, an additional £1.3 billion in funding will be supplied to the NHS in Wales to help provide effective, high quality and sustainable healthcare following the COVID-19 pandemic.

The Budget also tackles inequality and invests in future generations through an additional £320 million to continue a long-term programme of learning and education reform.

Welsh government Finance Minister, Rebecca Evans, said:

'The UK government's Spending Review did not deliver for Wales and this Budget is delivered in that context. While there are tough choices ahead, we have been able to provide funding that will allow Wales to rise to the challenges we face, grounded in the distinctively Welsh values of environmental, social and economic justice.'

Internet link: GOV.WALES

  • News
  • Factsheets
  • Resources
  • Budget
  • Useful Links

Latest News

  • Recovery Loan Scheme to be relaunched
  • National insurance threshold rises
  • IMF warns UK is set for slowest rate of growth of G7 countries
  • Reform required to combat staff shortages, says BCC
  • IoD calls for extension of capital allowances super-deduction

LATEST NEWS: Summer 2022 Newsletter

Our partners are ready to talk to you.
We look forward to discussing your specific requirements or to answer any questions you may have.

Message

Shrewsbury

Windsor House, Windsor Place,
Shrewsbury, SY1 2BY

Tel: +44 (0) 1743 367761

Tarporley

HLB House, 68 High Street,
Tarporley, Cheshire, CW6 0AT

Tel: +44 (0) 1829 733333

Wrexham

First Floor Suite 1A,
Rossett Business Village,
Llyndir Lane, Burton, Rossett
Wrexham, LL12 0AY

Tel: +44 (0) 1978 290285

  • Privacy Policy
  • Cookie Policy
  • Terms & Conditions
  • Terms of Business
  • Compliance Information
Regulated by the Institute of Chartered Accountants in England and Wales (ICAEW) for a range of investment business activities.
© 2020, Hall Livesey Brown. All rights reserved.
Handcrafted by OES
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.