Decision details

Budget 2021 Business Rates Measures - Expanded Retail Discount and Nursery Discount

Decision Maker: Cabinet Member for Finance & Resources

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Decision:

The Cabinet Member for Resources, Commissioning & Governance has considered a report detailing the impact of the government’s announcement on 3 March 2021 outlining additional Business Rates support for eligible retail, hospitality, leisure, and nursery businesses in England occupying a qualifying property.

 

However, as the proposed measures are for 2021/22 only, the government is not changing the legislation relating to the reliefs available to properties. Instead, the government will reimburse local authorities that use their discretionary relief powers under Section 47 of the Local Government Finance Act 1988 (as amended), to grant relief.

 

The Cabinet Member for Resources, Commissioning & Governance has therefore given approval to the amendment of the Council’s 2021/22 Business Rates discount scheme to include the details set out in section 2.2 of this report being additional temporary nationally prescribed discretionary relief schemes in place which are awarded under Section 47 of the Local Government Finance Act 1988.

Alternative options considered:

None

Interests and Nature of Interests Declared:

None

Decision Reference: CMDRDC14

Declarations or conflicts of Interest: None

Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025.

Publication date: 23/03/2021

Date of decision: 23/03/2021

Effective from: 30/03/2021

Accompanying Documents: