Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 11, 2025

Purpose:

Content: The Cabinet considered a report of the Director of Corporate Services and Chief Finance Officer, which sought to inform that the Business Rate Relief Policy needed to be amended for 2025-26 due to changes announced by Government in 2024.   The report author was in attendance to present the information and to address the questions and the comments of the Cabinet Members.   Resolved: 1.    That it be noted that the Retail, Hospitality and Leisure Relief Scheme had been extended for a further year. The relief had been reduced from 75% to 40% for 2025-26; 2.    That the Chief Finance Officer in consultation with the Portfolio Holder for Finance and Growth be given delegated authority to finalise the 2025/26 Discretionary Business Rate Relief Policy in the event that the Government announce any further changes for 2025-26.   Reason for decision: The changes to the Policy had  been announced by Government and had to be administered by the Council.   Alternatives considered and rejected: None – Government had instructed the Council to provide the reliefs.