Issue - meetings

Discretionary Non-Domestic Rate Relief

Meeting: 07/12/2023 - Executive Board (Item 62)

62 Discretionary Non-Domestic Rate Relief pdf icon 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.