Issue - meetings
Business Rates Revaluation Discretionary Relief Scheme 2018-2019
Meeting: 14/02/2018 - Cabinet (Item 156)
156 Business Rates Revaluation Discretionary Relief Scheme 2018-2019 PDF 135 KB
Lead Member – Councillor David Minnery – Portfolio Holder for Finance
Report of the Head of Finance, Governance and Assurance [s151 Officer]
Contact: James Walton Tel: 01743 255001
Decision:
RESOLVED:
i. That the proposals for the new business rate relief scheme for 2018-19 and subsequent financial years be approved, and a delegation be confirmed to the Head of Finance, Governance and Assurance in consultation with the Portfolio Holder for Finance, to finalise the scheme for 2018-19 and subsequent financial years.
ii. That the use of any remaining government funds to support other businesses on a case by case basis considered by the Council’s Section 151 Officer be approved.
iii. That continuation of £1000 business rate discount in 2018-19 for local pubs with a rateable value up to £100,000 be formally approved.
Minutes:
The Portfolio Holder for Finance presented a report from the Head of Finance, Governance and Assurance [s151 Officer] detailing the parameters for the new business rate relief scheme.
RESOLVED:
i. That the proposals for the new business rate relief scheme for 2018-19 and subsequent financial years be approved, and a delegation be confirmed to the Head of Finance, Governance and Assurance in consultation with the Portfolio Holder for Finance, to finalise the scheme for 2018-19 and subsequent financial years.
ii. That the use of any remaining government funds to support other businesses on a case by case basis considered by the Council’s Section 151 Officer be approved.
iii. That continuation of £1000 business rate discount in 2018-19 for local pubs with a rateable value up to £100,000 be formally approved.