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
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.
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: