Decision details
Discretionary Retail Discount Policy
Decision Maker: Strategic Director for Resources
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The Government recognises the challenges
retailers face and is taking action to help the high street evolve.
It will therefore provide a retail discount scheme for occupied
retail properties with a rateable value of less than 51,000 for
each of the years 2019/20 and 2020/21. This discount will be
administered by the Council and funding by a Section 31
grant.
Retail discount guidance has been published by the Government here
https://www.gov.uk/government/publications/business-rates-retail-discount-guidance
The Council must have a robust policy in place n order to
administer and award retail discounts.
Decision:
Cabinet authorised (report number 97/2017)
that the Assistant Director (Finance) in consultation with the
Cabinet Member with portfolio for Growth, Trading Services and
Resources (except Finance) to determine, finalise and review the
Discretionary Revaluation Rate Relief Policy and other rate relief
schemes in line with guidance issued by the Government and further
local schemes relating to Non-Domestic Rate Relief as
advised.
Alternative options considered:
No other options were considered.
Publication date: 07/01/2019
Date of decision: 02/01/2019
Accompanying Documents: