This report submits for consideration a policy for the determination of the allocation of Discretionary Rate Relief to retail business premises.

In accepting the recommendation, Cabinet will approve the Retail Relief for Business Rates Policy to Council in accordance with the Department for Communities and Local Government guidance with the following exclusions:-

(a)     any ratepayer that occupies 50 or more premises in England and Wales; and

(b)     Charity shops in receipt of 80% Mandatory Business Rate Relief.

and that approval of Discretionary Business Rate Relief be delegated to Officers in line with this policy.

The subject of the decision:

This report submitted for consideration a policy for the determination of the allocation of Discretionary Rate Relief to retail business premises.

Alternative options considered:

None.

The reason for the decision:

Cabinet was satisfied that it was prudent for the Council to have a policy for the award of this discount.

THE DECISION:

That Cabinet approves and recommends to Council:-

(1)     the Retail Relief for Business Rates Policy in accordance with the Department for Communities and Local Government guidance with the following exclusions:-

          (a)     any ratepayer that occupies 50 or more premises in England and Wales; and

          (b)     Charity shops in receipt of 80% Mandatory Business Rate Relief.

(2)     approval of Discretionary Business Rate Relief be delegated to Officers in line with this policy.