Setting decapitalisation rates for Wales for the Non-Domestic Rates Revaluation 2023
Q1. Do you agree Welsh Government should continue to prescribe the decapitalisation rates used in the Contractor’s Basis of Valuation?
Q2. Do you agree that the Welsh Government should continue to prescribe two decapitalisation rates in Wales?
Q3. Do you have any views on the methods for setting the decapitalisation rates (including any suggestions for alternative methods), on the range of values generated by each method, or on the merits or otherwise of each method?
Q4. Do you agree with the Welsh Government’s proposed approach for setting decapitalisation rates in Wales?
Q5. What are your views on adopting a general policy for setting decaplitalisation rates in Wales for future revaluations?
Q6. We would like to know your views on the effects that these proposals would have on the Welsh language, specifically on opportunities for people to use Welsh and on treating the Welsh language no less favourably than English.
What effects do you think there would be? How could positive effects be increased, or negative effects be mitigated?
Q7. Please also explain how you believe the proposed policy approach could be formulated or changed so as to have positive effects or increased positive effects on opportunities for people to use the Welsh language and on treating the Welsh language no less favourably than the English language, and no adverse effects on opportunities for people to use the Welsh language and on treating the Welsh language no less favourably than the English language.
Q8. We have asked a number of specific questions. If you have any related issues which we have not specifically addressed, please use this space to report them.