Issue - meetings

Discretioinary Business Rates Relief Request

Meeting: 25/02/2016 - Executive Board (Item 119)

Discretionary Business Rates Relief Request

Additional documents:

Minutes:

The Board considered a report of the Strategic Director, People and Economy, and the Strategic Director, Community and Resources, on a request for discretionary business rates relief.

 

The Board was advised that under the Business Rates Retention Scheme, introduced in April 2013, the Council retained 49% of the business rates income that it collected, and offered a financial incentive to promote economic growth. Halton had historically considered applications for discretionary business rates relief on a case by case basis and where there were exceptional reasons for doing so.

 

The report set out details of the current request for Members’ consideration.

 

          RESOLVED: That discretionary business rates relief of up to 100% in respect of the company referred to in the report, be approved for 2016/17 only, on the basis set out in paragraph 3.9 of the report.