Issue details

Business Rates 100% Retention Pilot

LCR submitted an application to DCLG to pilot 100% Business Rates Retention in 2018-19 and DCLG confirmed on the 19 December 2017 that this application was successful. This report outlines the nature of the pilot and financial consequences.

Decision type: Key

Reason Key: Expenditure>£500,000 and affects2 or more wards;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 20/12/2017

This decision will be taken under urgency procedures.

Reason for urgency:
DCLG confirmed on the 19 December 2017 that this application was successful. This proposal generates significant income for the constituent council’s and LCR pool.

Decision due: 15 Jan 2018 by Cabinet

Lead director: Service Director - Finance, IT and Transactional Services

Department: Corporate (Place, Environment and Customer Contact Services)

Contact: Debbie Hogg 01484 221000 Email: debbie.hogg@kirklees.gov.uk.

Members/Officers Involved: Cllr Shabir Pandor Cllr Turner Cllr Khan