The purpose of the report is for the Executive to review the update to the Council’s Discretionary Rate Relief Policy.

1.         That the update to the National Non Domestic Rate Discretionary Relief Policy be approved.

2.         To authorise the Director of Resources, in consultation with the Deputy Leader and Executive Member for Corporate Resources, to decide how best to distribute the available funds in 2020/21 and to amend the scheme to that end.

The Executive considered a report from the Deputy Leader and Executive Member for Corporate Resources that set out the proposed updated National Non Domestic Rate Discretionary Relief Policy, taking into consideration the Government’s announcement that funding would be available to assist businesses affected by the revaluation.  The Council was responsible for administering the process and not setting the Rateable Values.

The Deputy Leader and Executive Member proposed an additional recommendation which was duly seconded:

“To authorise the Director of Resources, in consultation with the Deputy Leader and Executive Member for Corporate Resources, to decide how best to distribute the available funds in 2020/21 and to amend the scheme to that end.”

Reason for decision:  To enable the Council to update its Discretionary Rate Relief Policy to reflect the new reliefs announced in the Government’s Spring Budget.

RESOLVED

1.         that the update to the National Non Domestic Rate Discretionary Relief Policy be approved; and

2.         to authorise the Director of Resources, in consultation with the Deputy Leader and Executive Member for Corporate Resources, to decide how best to distribute the available funds in 2020/21 and to amend the scheme to that end.

The decision was unanimous.