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Business Rates Retail Discount Scheme

26/06/2019 - Business Rates Retail Discount Scheme

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.