Plaid Cymru leader Leanne Wood is expected to announce a series of policies to boost the small business sector and town centres during the party’s annual conference.
Ms Wood will tell members and supporters in Aberystwyth that it was time Wales had a Government that put the people of Wales first, every time.
She will say one of the first policies a Plaid Cymru-led Government would introduce is the reform of the business rates system in order to deliver a much-needed boost for small-to-medium sized companies in Wales.
The Rhondda-based AM said the policy is to cut business rates paid by businesses with a rateable value of less than £15,000. Businesses rated below £10,000 will no longer pay non-domestic rates under the proposals.
This will mean that more than 80,000 businesses in Wales will get some sort of business rate relief and more than 73,000 businesses will no pay no business rates under the policy.
“Business rates are a major cost for businesses in Wales and can make the difference between survival or closure in these tough economic times,” said Ms Wood.
“The Party of Wales’ proposals to cut these rates will improve cash flow for small businesses and will hopefully enable them to not only survive but to grow and prosper, securing or even expanding job numbers.
“Supporting small businesses and the thousands of people employed in them is a key priority for Plaid Cymru. We have demonstrated this with our budget deal on apprenticeships which was specifically tailored for small-to-medium sized enterprises.
“It is sadly the case that many of our high streets have become ghost towns, characterised by empty and boarded up shops. The business rates policy of the Party of Wales will go a considerable way to breathing new life into our ailing town centres and local economies.”
Speaking at her second annual conference since becoming the party’s first woman leader, Ms Wood will also say it is time for Wales to have a Government presiding over excellence, instead of failure.
The speech is expected to contain a range of other measures to tackle the cost of living and make Wales a more prosperous, fairer and ambitious country under a Plaid Cymru-led Government.