120 Tax Base Calculation (1-42-06) PDF 110 KB
To receive a report of the Group Manager for Revenues and Benefits setting out the details of the statutory calculations necessary to determine the Tax Base for the Council Tax.
Additional documents:
Minutes:
The Cabinet had before it a * report of the Group Manager for Revenues and Benefits setting out the details of the statutory calculations necessary to determine the Tax Base for the Council Tax.
The Cabinet Member for Finance outlined the contents of the report stating that each year each billing authority was required to calculate and approve its Band D equivalent Council Tax base. It was also necessary to estimate a collection rate for 2020/21
RECOMMENDED to Council:
a) That the calculation of the Council’s Tax Base for 2020/21 be approved in accordance with The Local Authorities (Calculation of Tax Base) (England) Regulations 2012 at 29,040.56 an increase of circa 233 Band D equivalent properties from the previous financial year.
b) That the current Council Tax Rebate scheme is replaced by a banded system paragraph 4.
c) That a new empty property premium be amended to include further classes of premium detailed in paragraph 3.7.
(Proposed by the Chairman)
Note: *Report previously circulated, copy attached to minutes.