Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
1. That the content of the report be noted.
2. That approval be given for the Retail Rate Relief to be increased to up to £1,500 for 2015/16 for all occupied retail properties with a rateable value of £50,000 or less (as per the policy). Such increase to apply from 1 April 2015 to 31st March 2016.
3. That approval be given for the Transitional Relief scheme, to apply from 1 April 2015 to 31st March 2017.
4. That the existing National Non-Domestic Rates (NNDR) Discretionary Rate Relief Policy be amended as set out at Appendix 1 to the report to reflect the increased Retail Rate Relief amount and introduction of the Transitional Relief scheme.
Report author: Corporate Director Transformation and Resources
Publication date: 27/01/2015
Date of decision: 26/01/2015
Decided at meeting: 26/01/2015 - Executive
Effective from: 04/02/2015
Accompanying Documents: