Welsh Conservatives have called for what they describe as the âfarcical money-go-roundâ of school business rates to be scrapped so that the cash can be spent where it is needed: improving the attainment of pupils in Wales.
Between 2016 and 2020, Welsh schools have paid over ÂŁ112 million in business rates, and although the amounts paid were generally consistent, in the years 2018-19 and 2019-20, schools paid an extra ÂŁ11.3 million in business rates, an increase of around 44 percent.
Russell George MS, the Shadow Minister for Economy, said:
âThis is money that should be spent on supporting children and young people, helping those from more disadvantaged backgrounds, and improving education attainment, because letâs not forget that on Labourâs watch, Wales has consistently ranked bottom out of the UK nations in the PISA ratings.
âItâs time the farcical money-go-round of schools paying business rates ended and that this money goes where itâs needed: on education.â
Mark Isherwood MS, the Shadow Minister for Finance, agreed, adding:
âItâs ridiculous that schools must pay business rates, which can be in excess of ÂŁ300,000. Itâs another example of Labour failing to properly fund councils and schools, and exempting more schools â which it has the power to do â out of this situation.â
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