Decision Maker: Cabinet Member - Value for Money & Sustainability and Deputy Leader
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Report setting out information to determine
the Non-Domestic (Business Rates) Tax Base for 2023/24, using the
most up to date information and estimates available.
That the Deputy Leader and Cabinet Member for
Finance
1) That approval is given to the final
Business Rate yield and subsequently Oldham Council’s
estimated 2023/24 Business Rates Tax Base at £48.848m, with a
further £3.626m attributable to gains from the 100% Business
Rates Retention scheme, a total of £52.474m.
The NNDR1 return generates the figures upon which the NDR Tax Base
is prepared. It is not therefore appropriate to consider an
alternative approach.
The NNDR1 return generates the figures upon
which the NDR Tax Base is prepared. It is not therefore appropriate
to consider an alternative approach.
Reason Key: Expenditure > £250,000 (Significant expenditure or savings);
Corporate Priorities : An Inclusive Economy where people and enterprise thrive;
Wards Affected: (All Wards);
Making Representations: Contact Anne Ryans, Director of Finance: anne.ryans@oldham.gov.uk 0161 770 4902
Other reasons / organisations consulted
Internal consultation with Cabinet Members,
Senior Management Team, Finance
Consultees
As above
Contact: John Hoskins, Finance Manager Email: anne.ryans@oldham.gov.uk 0161 770 4902 Email: john.hoskins@oldham.gov.uk.
Publication date: 08/02/2023
Date of decision: 31/01/2023
Effective from: 12/02/2023
Accompanying Documents: