Tax and business support in Wales
Welsh income tax rates are currently the same as those in England and Northern Ireland, so your personal tax is worked out the same way. Grants, advice and funding come through Business Wales, and we can point you to the support available in your area.
Startups in Cardiff
Cardiff has strengths in media, fintech and the public sector. Business Wales can help with local grants and advice, and our funding page explains how we help you get ready for a loan, a grant or investment.
What should Cardiff businesses know about public-sector work and Welsh support?
Welsh income tax rates are currently the same as those in England and Northern Ireland, so the personal tax calculation is the same. What differs in Cardiff is who businesses sell to and where support comes from. Public authorities have applied the off-payroll working rules since April 2017, so if you contract to a government body, an NHS organisation or a local authority, that client decides your IR35 status, and tax is deducted before you are paid if the contract is inside IR35. Media and production freelancers usually work short bookings for several private clients at once, with payments on account due in January and July whatever they earn. Grants and advice come through Business Wales, which works differently from the English growth hubs.
