Issue - meetings

Business Rates Relief

Meeting: 10/01/2019 - District Executive (Item 100)

100 Business Rates Relief pdf icon PDF 100 KB

Decision:

 

RESOLVED:

That the District Executive agreed to:-

 

a.

approve the use of the Councils local discretionary powers to implement Retail Rate Relief from April 2019 for two years;

 

b.

approve the use of the Councils local discretionary powers to extend the Business Rate Relief Scheme for Local Newspapers for the 2019/20 financial year;

 

c.

approve the use of the Councils local discretionary powers to extend the doubling of the Rural Rate Relief for the 2019/20 financial year and future financial years until the primary legislation has been changed.

Reason:

To approve the use of the Council’s local discount powers to implement three Rate Relief schemes in relation to local businesses from 1 April 2019.

 

Minutes:

The Revenues Team Leader advised that the proposals were announced by the Chancellor in the Autumn 2018 Budget.  They included Retail Rate Relief for High Street businesses, extending the existing Business Rate Relief Scheme for Local Newspapers and continuation of doubling the Rural Rate Relief for 2019/20 and future financial years until the primary legislation had been changed.

 

There was no debate and Members unanimously agreed the recommendations as proposed.

 

RESOLVED:

That the District Executive agreed to:-

 

a.

approve the use of the Councils local discretionary powers to implement Retail Rate Relief from April 2019 for two years;

 

b.

approve the use of the Councils local discretionary powers to extend the Business Rate Relief Scheme for Local Newspapers for the 2019/20 financial year;

 

c.

approve the use of the Councils local discretionary powers to extend the doubling of the Rural Rate Relief for the 2019/20 financial year and future financial years until the primary legislation has been changed.

Reason:

To approve the use of the Council’s local discount powers to implement three Rate Relief schemes in relation to local businesses from 1 April 2019.