Differential multipliers in Wales are to be introduced from 01.04.2026. This change is to be implemented to support struggling high street shops by giving a lower business rates multiplier, counteracting intense competition from online retailers and helping to keep town centres vibrant. This change aims to rebalance the non-domestic rates system, support small to medium-sized retailers, and ensure the long-term viability of the retail sector, funded partly by a higher multiplier for larger businesses.
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Non-domestic rating retail multiplier.