Council's call for tax break; NEWSBRIEF.SMALL companies should be given a year-long break from paying business tax, a South Wales council has recommended. The Vale of Glamorgan council The Vale of Glamorgan Council is the governing body for the Vale of Glamorgan, one of the Principal Areas of Wales. Electoral divisions The county is divided into 23 electoral wards returning 47 councillors. has written to the Assembly Government asking for small firms to be given a 12-month exemption from the tax to help them through the recession. Councillor Rhodri Traherne, said: "It is our view that in the current recession there should be at least a 12-month business rates holiday, not just a deferment deferment Delaying of an obligation. See Default, Medical student debt. Cf Forbearance. , for small businesses with a rateable value up to pounds 6,500." |
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