• Decision details
  • Decision details

    Decision Maker: Cabinet

    Decision status: Recommendations Approved

    Is Key decision?: Yes

    Is subject to call in?: Yes

    Decisions:

    The Director of Finance & Digital Services  provided Members with information about the latest (extended) Wales High Street and Retail Relief Scheme (“the scheme”) that would provide rate relief for businesses, which has been announced by the Welsh Government (WG) and is effective from 1st April 2019.

     

    The Director commented that the scheme for 2018/19 included a maximum award of either £250 (for premises with a rateable value up to £12,000) or £750 (for premises with a rateable value of between £12,000 and £50,000), with the scheme providing total relief of £137,350 to 504 business ratepayers in Rhondda Cynon Taf in 2018/19.  

     

    He continued by adding that Welsh Government had announced that for 2019/20 the scheme would provide relief of up to £2,500 on the business rates bill for all occupied retail properties with a rateable value of £50,000 or less (subject to State Aid limits).

     

    The Cabinet Member for Corporate Services thanked the officer for the report, especially due to the short timescales following details of the announcement of the scheme by the Welsh Government. The Cabinet Member welcomed the uplift as outlined in the report.

     

    The Leader also spoke positively on the scheme and spoke of the need to amalgamate the numerous schemes that are available for the benefit of office staff and traders and to streamline processes.

     

    It was RESOLVED:

     

    1.    To note the details of the scheme detailed in this report; and

     

    2.    That for the financial year 2019/20, the scheme shall apply to the types of premises described in this report and that the Director of Finance & Digital Services be authorised to apply the relief to qualifying ratepayers.

    Publication date: 09/04/2019

    Date of decision: 09/04/2019

    Decided at meeting: 09/04/2019 - Cabinet

    Effective from: 16/04/2019

    Accompanying Documents: