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Business Ratepayers Consultation Meeting – 1 Feb 2018

The Business Rates consultation meeting is held annually to give business ratepayers the chance to hear about the Council’s spending plans for the forthcoming financial year and to enable them to give their views on them before they are finalised and approved.

This year’s meeting will be attended by Cllr. Kevin Davis (Leader of the Council) and Cllr. David Glasspool (Portfolio Holder, Treasury).

The meeting takes place at 7pm on 1 February 2018, in Committee Room 1 of the Guildhall, High Street, Kingston upon Thames, KT1 1EU.

The meeting will include a presentation on the Medium Term Financial Plan for the Royal Borough of Kingston upon Thames and on the budget proposals.

In addition, information will also be provided on the London wide pilot scheme for Business Rates retention. Last spring, the Government published a devolution deal for London that challenged the Mayor and London boroughs to agree a scheme that would give them greater control of business rates generated in the capital in exchange for lower levels of government grant. This deal was agreed by the 32 London boroughs and the City of London and comes into effect 1 April 2018.

The report on the draft Budget for the financial year 2018/19 is due to be published on Monday 22 January and will be available on the Council’s website.

To attend, RSVP to: finance_strategy@kingston.gov.uk

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