62 Discretionary Non-Domestic Rate Relief PDF 92 KB
Minutes:
The Board received a report from
the Operational Director – Finance, which presented two applications for
discretionary non-domestic rate relief, under Section 47 of the Local
Government Finance Act 1988, for consideration.
It was noted 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 registered charity, a community amateur sports
club or a not for profit organisation.
The report outlined details of
the applications from Hazlehurst Craft Studios CIC, in relation to their
respective addresses. Appended to the
report was the potential annual cost to the Council of granting the
discretionary rate relief. Currently, where discretionary rate relief was granted
to registered charities and non-profit organisations, it was provided until March
2025 in order to provide the organisations with some degree of certainty.
RESOLVED: That
1)
the
application for 90% discretionary rate relief from Hazlehurst
Craft Studios CIC in respect of premises at 71 High Street, Runcorn, with
effect from 1 April 2023, be approved; and
2)
the
application for 90% discretionary rate relief from Hazlehurst Craft Studios CIC
in respect of premises at 1st Floor, 73 High Street, Runcorn, with
effect from 16 February 2024, be approved.