The Welsh government’s finance secretary Mark Drakeford and minister for children Huw Irranca-Davies announced today (27 September) that all registered childcare properties will receive 100 per cent rates relief.
The Welsh government, which says it will review the scheme’s impact, estimates that the exemption will provide £7.5 million of extra support to childcare providers over three years.
Around 100 nurseries in Wales are already benefitting from business rates relief, after the Welsh government raised the upper threshold for business rates relief for childcare settings from £12,000 to £20,500 in April.
Since April, all nurseries in Scotland have been exempt from business rates after the Scottish Government brought in the change, which means that England is now the only country in the UK where nurseries have no exemption from business rates.
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