URL: https://democracy.middevon.gov.uk/ieDecisionDetails.aspx?ID=1373

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: The Cabinet had before it a report * from the Deputy Chief Executive (S151) presenting the National Non-Domestic Rates (NNDR) 1 for 2026/27 (also known as Business Rate).    RESOLVED that Cabinet recommend to Council that:   The calculation of the NNDR1 net yield of £22,047,906 from 3,606 business rated properties be NOTED and APPROVED for 2026/27. The proportions distributed to the respective authorities and Central Government be allocated as per the statutory regulations. Members NOTE that Central Government would reimburse the Council through a Section 31 grant to compensate it for the reduction in collectable business rates as a result of introducing new reliefs and five multipliers. Members NOTE the changes to the Business Rates Discretionary Relief Policy.    Note: * Report previously circulated.  

Date of Decision: February 10, 2026