Many businesses in Pembrokeshire are expected to enjoy a 75% reduction in rates if a recommendation before senior councillors is agreed next week.

A report for Pembrokeshire County Council Cabinet members says the Welsh Government has announced the continuation of the Retail, Leisure and Hospitality Rates Relief scheme for 2023-24.

The scheme aims to offer a discount of 75 per cent on non-domestic rates bills to eligible businesses.

It will support those occupying premises and operating in the retail, leisure and hospitality sectors, such as shops, pubs and restaurants, gyms, performance venues and hotels.

The Welsh Government-funded scheme has a cap of £110,000 across all properties occupied by the same business.

All businesses are required to make a declaration that the amount of relief they are seeking across Wales does not exceed this cap, when applying to individual local authorities.

As the scheme is a temporary measure and the provision of the funding is discretionary, a decision to adopt the scheme in Pembrokeshire is required.

Cabinet members, meeting on Monday, March 13, are recommended to back adoption of the scheme.

Ceredigion County Council’s Cabinet, meeting on March 7, agreed to adopt the scheme.