115 Discretionary Non-Domestic Rate Relief - Renewals PDF 270 KB
Minutes:
The Board considered a report of the Strategic Director, Enterprise,
Community and Resources, which detailed renewal requests for discretionary
business rate relief for organisations that continued to satisfy the
appropriate criteria.
The Board was advised that the Council had previously granted
discretionary business rate relief to a number of organisations which were
Registered Charities or Community Amateur Sports Clubs (CASC). It was noted
that the organisations currently received a mandatory 80% business rate relief
and the Council funded the full cost of such relief as part of the 100%
Business Rates Retention Pilot Scheme. Not for profit organisations were not
entitled to mandatory rate relief and therefore, the full cost of any
discretionary rate relief granted was funded by the Council.
Details of the organisations currently in receipt of discretionary rate
relief and the costs were listed in the appendix attached to the report. The
Board noted that regulations required that twelve months’ notice of any changes
to provision must be given and therefore organisations must be so notified by
31 March 2018.
RESOLVED: That
1) Discretionary
Business Rate Relief of 15% be granted for those registered charities and CASC
organisations currently in receipt of such relief, for the period of three
years commencing 1 April 2019; and
2) Discretionary
Business Rate Relief of 90% be granted for the not-for-profit
organisations currently in receipt of such relief (with lower amounts as
indicated in the Appendix attached to the report), for the period of three
years commencing 1 April 2019.