Issue - meetings

Business Rates - Retail Discount

Meeting: 11/03/2020 - Cabinet (Item 128)

128 Business Rates - Retail Discount pdf icon PDF 105 KB

To consider the report of the Cabinet Member for Performance and Resources proposing a discount scheme commensurate with the written ministerial statement for retail discounts on business rates.

Additional documents:

Decision:

RESOLVED that the Business Rates Retail Discount scheme (attached at appendix to the report) be the approved scheme for Gloucester City for 2020/21.

 

Minutes:

Cabinet considered the report of the Cabinet Member for Performance and Resources that proposed a discount scheme commensurate with the written ministerial statement for retail discounts on business rates.

 

The Cabinet Member for Performance and Resources advised Members that the Chancellor had announced an adjustment to the discount in his Budget speech since the report was published.  She informed them that officers had advised the current recommendations be considered and that a further report will be submitted when official guidance had been published.  The Cabinet Member for Environment sought clarification on whether the business rates discounts would reduce income for the Council.  The Cabinet Member for Performance and Resources stated that the shortfall would be made up from Central Government.

 

RESOLVED that the Business Rates Retail Discount scheme (attached at appendix to the report) be the approved scheme for Gloucester City for 2020/21.