Statutory Instruments with Clear Reports

20 October 2025

SL(6)654 – The Non-Domestic Rating (Description of Differential Multipliers) (Wales) Regulations 2025

Procedure: Affirmative

These Regulations specify the descriptions of hereditaments (units of property with a rating assessment) within the non-domestic rates tax-base to which differential multipliers will apply from 1 April 2026. The Regulations enable a lower retail multiplier for specified descriptions of hereditaments with a rateable value of less than £51,000 and a higher multiplier for hereditaments with a rateable value of more than £100,000 (subject to some exclusions) to be given effect.

Parent Act: Local Government Finance Act 1988

Date Made:

Date Laid:

Coming into force date: 01 April 2026