At Autumn statement 2022 the Chancellor
announced new rate relief schemes for local authorities to provide
additional support to businesses from 1 April 2023. These
being:
• Retail, Hospitality and Leisure (RHL) rate relief
scheme
• Supporting Small Business (SSB) relief scheme
• Transitional Relief regulations
As such these new schemes will now be included in the
Council’s discretionary rate relief policy.
Decision type: Key
Reason Key: Significant impact on communities or those working in two or more electoral divisions;
Decision status: Recommendations Approved
Electoral Divisions affected: (All Electoral Divisions);
Notice of proposed decision first published: 04/01/2023
Decision due: 9 Feb 2023 by Cabinet
Decision due: 22 Feb 2023 by Full Council
Lead member: Cabinet Member for Strategic Finance, Transformational Change and Corporate Resources (Archived 19 May 2023)
Lead director: Director of Corporate Services (re-org 2023)
Contact: Sharon Betts Email: sharon.betts@iow.gov.uk Debbie Vallas Email: debbie.vallas@iow.gov.uk.
Consultees
N/A