Discretionary Rate Relief - Autumn 2017

The revaluation of business rates by the Valuation Office Agency took effect on 1st April 2017. This has led to some businesses, including some in the Ashford borough, seeing large increases in the rateable value of the premises they occupy.

The Chancellor of the Exchequer has now stated that the government has put in place a £300m fund to enable local authorities to put in place a discretionary rate relief scheme. This is intended to help businesses apply for assistance if they have suffered from the impact of the first revaluation for seven years.

Ashford Borough Council has been allocated a share of the £300m funding pot to cover a four-year period, with £350,000 funding confirmed for year one and £175,000 for year two.

The government has issued guidance for local authorities and the council has put together a proposed scheme to help those business ratepayers who have suffered significant increases following the recalculation of the rateable value of the premise they occupy.

We are now consulting on our proposed scheme and invite you to comment. Please read the information in this summary document and then comment via this consultation portal.

This consultation has now closed. An 'output report' showing all the responses received will be available on the council's website from Friday 10th November. 

Cabinet will meet on Thursday 9th November 2017 and consider the responses to the consultation. Full council will then consider the cabinet’s recommendations on 14th December 2017 and agree how the scheme will work for the remainder of the 2017-18 and then the 2018-19 financial years.

Thank you for your interest in this consultation.

Timeline

  • Opened
    25 Sep 2017 at 00:00
  • Closed
    6 Nov 2017 at 23:59
  • Response Published
    10 Nov 2017

Documents