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 type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 31/01/2019
Decision due: 28 Jan 2019 by Leader of the Council and Cabinet Member for Tourism, Arts and Culture
Lead member: Leader of the Council and Cabinet Member for Tourism, Arts and Culture
Lead director: Director of Resources