Decision Maker: Housing, Economy and Business Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
This report details the level of funding
provided by Government for a locally designed Business Rate Relief
Scheme and the options considered.
Mark Halls, Head of Revenues and Benefits, presented the report.
Members discussed the operation of the business rate relief and also its application to charity shops. In response, the Head of Revenues and Benefits confirmed that rate relief to charity shops came from central government, agreeing to provide further information to members. Members further discussed rates avoidance as a national issue as well as potential for targeted / discretionary rate relief. Officers also informed committee as to the different means of promoting rate relief.
1. Option 2, which revises the Revaluation Local Business Rate Relief Scheme to take into account the reduced level of funding for the 2019/20 and 2020/21 financial years, be agreed.
2. The details of the new Small Business Rate Relief scheme be noted.
Report author: Mark Halls
Publication date: 19/02/2019
Date of decision: 29/01/2019
Decided at meeting: 29/01/2019 - Housing, Economy and Business Committee