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Decision details

NATIONAL NON-DOMESTIC RATE RETURN 1 FOR 2020/21

Decision Maker: Leader of the Council and Cabinet Member for Tourism, Arts and Culture

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 2020/21 must be notified to the Secretary of State and to relevant preceptors by 31st January 2020.  The 75% retention rate applicable to members of the Lancashire-wide 75% Business Rate Pilot Pool in 2019/20 has ceased.  The 2020/21 NNDR1 return is attached at Appendix A and reflects the change back to the former 50% rate retention scheme and the former split between Central Government (50%), Blackpool Council (49%) and the Lancashire Fire Authority (1%) from 1st April 2020.

 

Decision:

To formally approve the National Non-Domestic Rate Return 1 for 2020/21 as attached at Appendix A.

Publication date: 31/01/2020

Date of decision: 31/01/2020

Effective from: 06/02/2020

Accompanying Documents: