Issue - meetings

Non Domestic Rates Discretionary Scheme 2017-2021

Meeting: 07/11/2017 - Cabinet (Item 430)

430 New Non-Domestic Rates Discretionary Scheme pdf icon PDF 59 KB

The Cabinet is requested to consider the agenda report and its appendix and to make the following recommendation to the Council:

 

That the Non-Domestic Rate Discretionary Scheme for 2017 – 2021 as set out in the appendix to the agenda report be approved.    

Additional documents:

Decision:

RECOMMENDED TO THE COUNCIL

 

That the Non-Domestic Rate Discretionary Scheme for 2017-2021 as set out in the appendix to the agenda report be approved.

 

Minutes:

The Cabinet received and considered the agenda report with its appendix.

 

The report was presented by Mrs Lintill.

 

Mr Jobson was in attendance for this item.

 

Mrs Lintill summarised section 3 of the report, which set out the background details of the national discretionary fund of £300m over four years which had been established by the government in March 2017 to provide assistance to businesses facing non domestic rates (NDR) increases as a result of the 2017 revaluation. CDC’s total allocation for the four years 2017-2018 to 2020-2021 was £786,000. The details of how the scheme would operate to benefit eligible businesses over the four-year period and the conditions for remaining entitled were set out in section 3. Any surplus from 2017-2018 would have to be returned to the government. This local scheme would complement the national scheme by reducing further the increase limits set by the government. The consultation details were set out in section 8 of the report. Immense gratitude was due to Mr Jobson for his hard work in the challenge he faced in devising this scheme.

 

Mr Jobson commented on the complexity of the scheme he had to create and how Chichester District had been particularly affected by the increases in business rates. Over 1,200 customers would be assisted by the scheme. 

 

Mr Dignum remarked that the scheme would help to sustain and promote the growth of CDC’s local businesses.

 

Decision

 

The Cabinet voted unanimously on a show of hands in favour of making the recommendation set out below.

 

RECOMMENDED TO THE COUNCIL

 

That the Non-Domestic Rate Discretionary Scheme for 2017-2021 as set out in the appendix to the agenda report be approved.