Small business rate relief – non claimers in York

Power company fails to cash chequeCheque

The Council has published a list of the businesses which could claim Small Business Rates Relief but who had, by the end of July, declined to do so.

The list can be accessed by clicking here

The Council has also published a list of Business Rate refunds where the cheques have not been presented.

Click here for the list which includes, as well as companies that went into administration, some big names such as NPower, the Theatre Royal and the District Valuer (!)

 

More York businesses to get rate relief?

Cabinet to decide individual applications

The York Council is set to make available Business Rate reductions for “young” businesses. The businesses must be independent and less than 2 years old. They would enjoy a 50% reduction in rates payable during the first year.

Tax haven

They must be operating in one of the following sectors.

  1. Bio-medical/sciences
  2. Agritech
  3. Insurance & Professional Services
  4. Rail & related industries
  5. Business software innovation
  6. Creative medicine

The scheme will also apply to proposals to bring empty Listed buildings back into commercial use AND MAY BE EXTENDED TO COMPANIES WISHING TO RELOCATE TO THE CITY.

With the local economy in danger of overheating – early in the economic recovery we are already approaching full employment – the scheme is not targeted on depressed parts of the City.

Local shopping centres like Front Street have fared poorly in recent years. The last thing that businesses in locations like that need is subsidised competition.

The scheme has also been criticised as the plan is for decisions, on which companies will get the award, will be taken by a single party committee (the Councils “Cabinet”).

Companies that apply are not required to reveal what donations to political parties they have made or are planning to make.

The Council has not revealed how much the discounts will cost. The total amount of state aid to an individual company under EU regulations is limited to € 200,000.

York school set to lose rate relief application

The Steiner school in Fishergate is set to have an application for a reduction in its Business Rate liability turned down by the York Council.

The school is a registered charity and a non for profit organisation with any surplus made used for development. The school has recommended fees of ￡6,500 pa per child. The school was seeking a discretionary rebate of £3203 but this is set to be turned down by Labour Councillors apparently on the grounds that it is a fee paying schools.

The York Council currently discounts around £95,000 that charities in the City would otherwise pay in Business Rates. The scale of the relief was reduced when Labour took office in York.

Most charities, and other not for profit organisations, already receive what is known as “mandatory relief” which is paid for by central government.

In York the division of the Discretionary Rate relief is as follows

Category

DRR (total) £

CYC Share £

Not-for Profit

3340

1670

Charities

119931

59966

CASC’s

21925

10962

Rural Discretionary

40605

20303

Rural Top Up

5514

2757

Total Cost

191316

95658

The complete list of organisations recommended to receive Discretionary Rate Relief over the next year can be found by clicking here.

It includes the Tang Hall, Bell Farm and Foxwood Community Centres. Several Church aided schools are also included.

2/3 of the relief is paid by central government.