Councils have the power to grant discretionary rate relief to organisations that meet certain criteria. Any relief granted is used to reduce the amount the organisation is required to pay in business rates. The provisions are set out in Section 47 and 49 of the Local Government Finance Act 1988. Councils have discretion to grant rate relief from all or part of the amount of non-domestic rates payable and the level of relief determined by an authority may be varied by a further determination. The policy has been updated and this report highlights the key changes and proposals.
Decision type: Key
Decision status: For Determination
Notice of proposed decision first published: 04/11/2021
Decision due: December 2021 by Cabinet
Lead member: Leader of the Council and Cabinet Member for Otterpool Park and Planning Policy
Lead director: Director - Corporate Services
Contact: Jo Robinson, Corporate Debt & Business Rates Senior Specialist Email: jo.robinson@folkestone-hythe.gov.uk.