Issue - decisions

Business Rates - Discretionary Rate Reliefs 2017/18

14/09/2017 - Business Rates - Discretionary Rate Relief 2017/18

2.1         Cabinet agreed that support for small businesses losing Small Business Rate Relief, to limit increases in their bills to the greater of £600 or the transitional relief cap for small businesses, for one year from 1 April 2017.

 

2.2         Cabinet agreed a £1,000 business rate discount for public houses with a rateable value of up to £100,000, subject to state aid limits for businesses with multiple properties, for one year from 1 April 2017

 

2.3         Cabinet agreed to support individual businesses in the local area who have large increases in their business rates bills as a result of the 2017 revaluation, by restricting the increase in a bill to a maximum of 5%, for one year from 1 April 2017. Subject to the criteria detailed in the body of the report.