Cabinet Member for Finance and Performance

Cabinet considered the report of the Chief Financial Officer and the above Cabinet Member, which outlined details of the Business Rate Relief re-introduced by Government to help local retail businesses, by reducing the amount of business rates they would have to pay for a two year period.

The Cabinet Member for Finance and Performance proposed the recommendations.

A Member stated that this was a “tremendous” news story for small businesses.  In response to a query about reducing car parking fees, the Cabinet Member for Housing and Safer Communities stated that funding for this scheme came direct from Government, whereas parking was dealt with in-house.  

Resolved:

(1)          That Business Rate Retail Relief is awarded for the whole Borough for 2019/20 and 2020/21.

(2)          That Business Rate Retail Relief is awarded for all types of businesses listed in the Ministry of Housing, Communities and Local Government Business Rate Relief guidance document.

(3)          That Business Rate Retail Relief is awarded automatically with no application process.