94 Business Rates Retail Relief Policy PDF 85 KB
Report of Executive Director of Finance (Interim)
Purpose of report
To provide members with an update on the retail relief scheme and the forthcoming changes to the scheme as announced in the recent Queen’s Speech on 19 December 2019, and to recommend to Council approval of the Business Rates Retail Relief Policy for 2020 -21.
Recommendations
The meeting is recommended:
1.1 To note the contents of this report.
1.2 To consider and recommend to Council the proposed Business Rates Retail Relief Policy (Appendix 1).
Additional documents:
Decision:
Resolved
(1) That the contents of the report be noted.
(2) That, having given due consideration, Full Council be recommended to approve the proposed Business Rates Retail Relief Policy (Annex to the Minutes as set out in the Minute Book).
Minutes:
The Executive Director of Finance (Interim) submitted a report to provide members with an update on the retail relief scheme and the forthcoming changes to the scheme as announced in the recent Queen’s Speech on 19 December 2019, and to recommend to Council approval of the Business Rates Retail Relief Policy for 2020 -21.
Resolved
(1) That the contents of the report be noted.
(2) That, having given due consideration, Full Council be recommended to approve the proposed Business Rates Retail Relief Policy (Annex to the Minutes as set out in the Minute Book).
Reasons
Members are asked to consider the contents of this report and recommend to Council the proposed Business Rates Retail Relief Policy.
Alternative options
Option 1: Members could agree not to determine a Business Rates Retail Relief Policy, but this would mean the Council is not complying with Central Government guidance and would be to the detriment of ratepayers in the district.