Issue - meetings

The Board considered a report of the Strategic Director, Enterprise, Community and Resources, which set out details of an application for non-domestic rate relief.

The Board was advised that, under the amended provisions of the Local Government Finance Act 1988, the Council was able to grant discretionary rate relief to any business ratepayer. This relief had previously only been available to organisations that were a charity, a community amateur sports club or a not-for-profit organisation.

Since 1 April 2013, the Council had been responsible for funding 49% of any award of mandatory or discretionary rate relief granted, with Government meeting the remaining 51%.

Details of the request were set out in the report for Members’ consideration.

RESOLVED: That, under the provisions of Section 47 of the Local Government Finance Act 1988, the application for 15% discretionary rate relief from Loose, be granted for the period of three years commencing 1 April 2016.