Decision details

RESOLVED:

That District Executive agreed to:-

a.

approve an increase in the percentage of relief awarded for 2017/18 under the “Non Domestic Rates Revaluation Support Relief” Scheme from 43% to 55%;

b.

approve the continuation of the “Non Domestic Rates Revaluation Support Relief” Scheme for 2018/19 (Year 2) with revised award levels shown in para 16;

c.

approve the use of the Councils local discretionary powers to extend the Business Rate Relief Scheme for Pubs for the 2018/19 financial year;

d.

approve the use of the Councils local discretionary powers to extend the doubling of the Rural Rate Relief for the 2018/19 financial year;

e.

note that where the Council uses its local discount powers to award the Revaluation Support Scheme, up to the maximum funding amounts given above, and to extend the Pub Relief for 2018/19 and the doubling of Rural Rate relief, the cost will be reimbursed in full by Government.

Reason:

To approve an increase in the level of awards to businesses of “Revaluation Support Relief” for 2017/18.