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13 Business Rates Retail Discount Scheme PDF 340 KB
Minutes:
Councillors Green and Thornburrow left the room for this item.
Matter for
Decision
The purpose of the report was to recommend the adoption of a policy to
award “Retail Discount” in accordance with the Discretionary Rate Relief powers
as contained within Section 47 of the Local Government Finance Act 1988 (as
amended) for the years 2019-20 and 2020-21.
Decision
of Executive Councillor for Finance and Resources
i.
Adopted the Retail Discount policy
(appendix A of the officers report) for qualifying businesses in occupation of
retail premises which have a rateable value of less
than £51,000, for the financial years 1 April 2019 to 31 March 2020 and 1 April
2020 to 31 March 2021 only.
ii.
Delegated authority to the Head
of Revenues and Benefits to award the “Retail Discount” where a ratepayer
demonstrates their entitlement.
Reason for the Decision
As set out in the Officer’s report.
Any Alternative Options Considered and Rejected
Not applicable.
Scrutiny
Considerations
The Committee received a report from the Strategic Director.
The Committee unanimously resolved to endorse the recommendations.
The Executive Councillor
approved the recommendations.
Conflicts of Interest Declared by the Executive Councillor (and any
Dispensations Granted)
No conflicts of interest
were declared by the Executive Councillor.