Financial support for Welsh businesses 'should be backdated'

Financial support for Welsh businesses 'should be backdated'


The Welsh Government said a hospitality business with 10 employees in Wales will have received up to £52,500 to help with its costs since the start of this year, including the latest phase of support. This is in addition to the wage support schemes provided by the UK Government.
It said the Covid-19 business support packages have been based around the principle that invoice costs fall in advance. The latest package is based on invoices arriving in April and May - covering costs to the end of June.
The Welsh Government’s £600m 12-month Business Rates Relief package will, it said, see more than 70,000 retail, leisure and hospitality businesses paying no rates in 2021-22.

Related Keywords

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