The Non-Domestic Rating (Multiplier) (Wales) Regulations 2025
In relation to Wales, the non-domestic rating multiplier is calculated in accordance with the formula in paragraph 3B of Schedule 7 to the Local Government Finance Act 1988 (“the 1988 Act”) for each financial year when rating lists are not being compiled. New rating lists are not being compiled for the financial year beginning with 1 April 2025 (“the year concerned”).