Charles III Heir Apparent William, Prince of Wales First Minister (list) Rt Hon Eluned Morgan MS (L) Deputy First Minister Huw Irranca-Davies MS (L) Counsel General-designate – Elisabeth Jones Chief Whip and Trefnydd – Jane Hutt MS (L) Permanent Secretary Sixth Senedd Llywydd (Presiding Officer) Elin Jones MS (PC) Leader of the Opposition Darren Millar MS (C) Shadow Cabinet Prime Minister Rt Hon Keir Starmer MP (L) Secretary of State for Wales Rt Hon Jo Stevens MP (L) Principal councils (leader list) Corporate Joint Committees Local twinning see also: Regional terms and Regional economy United Kingdom Parliament elections European Parliament elections (1979–2020) Local elections Police and crime commissioner elections Referendums Business rates is the commonly used name of Non-Domestic Rates in Wales,[1] a tax on occupation of non-domestic property.
Rates are a property tax used to fund local services that date back to ancient times.
Business rates in Wales have ancient roots,[2] and were only formalised by the Vagabonds Act 1572 which modernized the system under the Tudor Poor Laws.
In 2015, powers to adjust business rates were devolved to the Welsh Government.
[3] The Local Government Finance Act 1988 introduced a new system of business rates in England and Wales from 1990, further amended by the Local Government Finance Act 1992.