To consider changes to the Council’s Business Rate Discretionary Relief Policy.
The Government has introduced a number of measures aimed to assist businesses suffering from the effects of flooding since 1 December 2013.
For Business Rates, these measures are set to be delivered via the Council’s discretionary relief powers, under section 47 of the Local Government Finance Act 1988.
Whilst the Council already has an established policy for granting discretionary rate relief, the changes requested by Government will fall outside this policy. This report seeks to vary that local policy in order to incorporate the proposed changes.
The Government will fully reimburse local authorities for the local share of the discretionary relief granted, using a grant under section 31 of the Local Government Act 2003.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 11/04/2014
: Finance Strategy;
Decision due: 12 May 2014 by Executive
Lead member: Executive Member for Policy & Resources
Lead director: Director of Finance & Resources
Contact: Adrian Collier, Local Taxation Manager Email: acollier@fareham.gov.uk.