The aim of the Local Discretionary Rate Relief (LDRR) is to support potential inward investors locating within the district, and Lowestoft in particular, as well as to encourage businesses seeking to expand and remain. This in turn supports the vision and the economic strategy element of the East Suffolk Business Plan and the actions relating to business support and training.
Any application received will be considered favourably where a business can provide significant employment opportunities, benefit the local supply chain and align with the key growth sectors identified within the East Suffolk Growth Plan of Energy, Tourism, Ports and Logistics and ICT.
Additional consideration will be given to applications which propose locating in Lowestoft and in particular within the strategic sites identified within the Lake Lothing and Outer Harbour Area Action Plan and those with Enterprise Zone status.
Other considerations will include:
Please note that applications which involve no immediate occupation of the premises will not be eligible.