In order to further support our town centre and retail businesses for 2020/21 it is proposed that a new local discretionary Non Domestic Rate (NDR) Relief be provided of up to a maximum of £300 per qualifying business. It is estimated that 485 businesses would benefit from this support.
The Council already has a number of packages in place to support our valued Town Centres and Retail Business and this proposed new discretionary NDR relief provides businesses with additional help in paying their NDR for 2020/21.
This will be in addition to other support already available including the Welsh Governments High Street and Retail Rates Relief Scheme (HSRR). The same qualifying criteria as the HSRR will be applied.
Further information is available here - https://www.rctcbc.gov.uk/EN/Council/CouncillorsCommitteesandMeetings/Meetings/Cabinet/2019/11/21/Reports/Item8SupportingTownandRetailBusinessesinRCTLocalBusinessRateReductionScheme.pdf
We would like views on the proposal.
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Research & Consultation
Public Relations & Strategy
Cambrian Industrial Park