Decision Maker: Director of Finance and Corporate Services
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Business Rate reliefs will be awarded to eligible retail, hospitality, leisure and nursery properties in England and will not be restricted by the rateable values;
In addition, Government are providing businesses that are listed on the business rates valuation list with Restart Grants to support them in the recovery phase of restrictions being eased across the country.
To approve the updated Business Rates Relief Policy and the Restart Grants for businesses as set out in the appended policy and report.
Local Authorities use their discretionary relief powers under S47 of the Local Government Finance Act 1988 (as amended) to administer the following financial support to local businesses:
The Council will be fully reimbursed for both schemes.
Urgent item?: Yes
Publication date: 29/03/2021
Date of decision: 29/03/2021