Issue - meetings

Cllr. Johnny Thalassites, Lead Member for Finance, Customer Services, Net Zero Council, introduced the report and advised that the Levelling Up and Regeneration Act 2023 gives Councils powers to apply a premium of up to 100% of the Council Tax charge to the owners of second homes in the borough.

The Leadership Team RESOLVED, for the reasons set out in paragraph 3.1 – 3.4 and elsewhere within the report, that the recommendations at paragraph 2.1 (i - ii) be adopted.

The Leadership Team:

a)         Agreed the option to allow the Council to make a decision in the future about whether to implement a Second Home Premium of up to 100% with effect from 1^st April 2025 and agreed to make a determination in accordance with section 11C of the Local Government Finance Act 1992 and to publish the requisite notice. It was noted that a further decision on whether to implement a premium, if at all, will be made as part of the consideration of the budget and the setting of the council tax for 2025/26 or at any time before the end of the financial year 2024/25.

b)         Noted that the Leadership Team would receive and consider a further report and recommendations once guidance has been received.

Action by: Executive Director of Resources