The Non-Domestic Rating (Multiplier) (Wales) Regulations 2023
In relation to Wales, the non-domestic rating multiplier is calculated in accordance with the formula in paragraph 4B of Schedule 7 to the Local Government Finance Act 1988 (“the 1988 Act”) for a financial year at the beginning of which new rating lists must be compiled. New rating lists are being compiled for the financial year beginning on 1 April 2023 (“the year concerned”).