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Decision details

NATIONAL NON-DOMESTIC RATE RETURN 1 FOR 2019/20

Decision Maker: Leader of the Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

The Council as a Billing Authority is required under the Local Government Finance Act 1988 to complete a National Non-Domestic Rate Return 1 (NNDR 1) each year. This provides an authority’s calculation of its non-domestic rate income for the following financial year and the sums due to Central Government and relevant precepting authorities. This information for 2019/20 must be notified to the Secretary of State and to relevant preceptors by 31st January 2019. The return is attached at Appendix A and reflects the new 75% retention rate applicable to members of the Lancashire-wide 75% Business Rate Pilot Pool in 2019/20 (Decision EX3/2019 from the Executive meeting on 21 January 2019 refers).

 

Decision:

The Leader of the Council agreed the recommendation as outlined above namely:

 

To formally approve the National Non-Domestic Rate Return 1 for 2019/20 as attached at Appendix A.

 

Publication date: 31/01/2019

Date of decision: 31/01/2019

Effective from: 06/02/2019

Accompanying Documents: