Pubs, Hotels, and Gyms in Wales to Get 30% Business Rates Cut The Welsh government's decision to cut business rates by 30% for pubs, hotels, and gyms is being hailed as a lifeline for small businesses struggling to stay afloat.
The move, set to take effect from April 2027, will bring some relief to owners who have been forced to contend with high inflation, energy costs, and labor shortages.
The burden of funding the rate cut will fall on larger businesses – those with properties valued at over £51,000.