Issue - meetings
2017 Revaluation - Proposed Local Discretionary Business Rates Relief
Meeting: 19/09/2017 - Cabinet (Item 5)
5 2017 Revaluation - Proposed Local Discretionary Business Rates Relief 
PDF 147 KB
Additional documents:
- 5.6a Appendix 1 NNDR Discretionary Relief 2017 Consultation final, item 5
PDF 165 KB
- Webcast for 2017 Revaluation - Proposed Local Discretionary Business Rates Relief
Decision:
DECISION
1. Agree the 2 options proposed for awarding the relief on either a fixed amount or based on a percentage increase.
2. Commence a consultation process with local businesses and business organisation.
3. Note that a further report will be presented giving details of the outcome of the consultation and recommendations for the final qualifying criteria to be included in the local relief scheme.
Action by:
CORPORATE DIRECTOR, RESOURCES (Z. COOKE)
(Head of Revenue Services (R. Jones)
Minutes:
Note – Councillor Denise Jones left the meeting room for the duration of this item.
Councillor David Edgar, Cabinet Member for Resources, introduced the report. He explained that nearly 9,000 businesses were seeing an increase in Business Rates and that the government had provided a certain amount of money to help mitigate the increase, although the funds provided could only cover part of the increase. Two rate relief options were presented in the report which would be set out to businesses in a consultation exercise.
The Mayor agreed the recommendations as set out in the report.
RESOLVED
1. To agree the 2 options proposed for awarding the relief on either a fixed amount or based on a percentage increase.
2. To commence a consultation process with local businesses and business organisation.
3. To note that a further report will be presented giving details of the outcome of the consultation and recommendations for the final qualifying criteria to be included in the local relief scheme.