Issue - meetings

To consider the report on the Business Rates Relief Policy.

RESOLVED to recommend to Council that:

1)    the discretionary Retail Relief Discount for the years 2019/20 and

2020/21 be adopted as set out in the report and the Business Rates Policy

(Appendix B) under Section 47 of the Local Government Finance Act 1988

2)    authority for decision making on awarding Retail Relief to eligible

businesses be delegated to the Section 151 Officer

The Portfolio Holder for Finance and Administration gave a summary of the report. The Government announced in the Budget on the 29th October 2018 that it would provide a business rates retail discount scheme for occupied retail properties with a rateable value of less than £51,000 for the financial years 2019/20 and 2020/21. The retail relief awarded by the Council would be fully reimbursed via a section 31 grant.

RESOLVED to recommend to Council for approval to:

1)    Adopt the discretionary Retail Relief Discount for the years 2019/20 and 2020/21 as set out in this report and the attached Business Rates Policy (Appendix B) under Section 47 of the Local Government Finance Act 1988.

2)    Delegate authority for decision making on awarding Retail Relief to eligible businesses to the Section 151Officer.