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: