Decision - Business Rates Empty Property Re-occupation Incentive

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Decision details

Business Rates Empty Property Re-occupation Incentive

Decision Maker: Policy & Resources Committee (pre 2015)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

A new discount for Business Rates, designed to incentivise the reoccupation of long-term empty properties

Decision:

1.         That the business rates Empty Property Occupation Discount scheme described in the report and specified in full at paragraphs 3.1 – 3.13 and Appendix 1 to the report be approved;

 

2.         That delegated authority be granted to the Executive Director for Finance & Resources:-

 

(i)                 to implement, manage and operate the scheme from 1 October 2013 or as soon as practicable thereafter, until 31 March 2015; and

 

(ii)               to take such measures in connection with the scheme as are needed to comply with relevant legislation and statutory guidance.

 

3.         That the Executive Director for Finance & Resources be instructed to review the effectiveness of the Discount Scheme after six months of operation and to report the findings to the Policy & Resources Committee, together with any recommended amendments.

Report author: Paul Ross-Dale

Publication date: 12/09/2013

Date of decision: 12/09/2013

Decided at meeting: 12/09/2013 - Policy & Resources Committee (pre 2015)

Effective from: 27/09/2013

Accompanying Documents:

 


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