As billing authorities approach the NNDR3 return, one of the more challenging areas is ensuring that the provision held for appeals refunds accurately reflects the potential impact of outstanding cases.
While the NNDR3 form covers a wide range of information, a key consideration is understanding how unresolved appeals may affect previous financial years, and whether existing provisions remain appropriate.
Understanding the Impact of CCA and Threats Data
Outstanding Check, Challenge, Appeal (CCA) cases and threats can affect historic liabilities, and understanding how those cases affect previous financial years is an important part of preparing the NNDR3 return.
For clients using Insight Forecast, Analyse Local produces a tailored NNDR3 report which summarises CCA and Threats data and breaks down how those cases impact previous financial years. As NNDR3 reporting focuses on historic years, the report removes the current financial year and concentrates on the financial years relevant to the return.
This allows authorities to clearly understand how outstanding cases may affect historic liabilities and their provision for refunds.
How the NNDR3 Report Is Produced
The NNDR3 report is generated using CCA data provided by authorities in April, reflecting the position as at March the 31st, the end of the financial year.
The data submitted in any given month reflects the position at the end of the previous month. For NNDR3 reporting this ensures the analysis captures the position of the rating list and outstanding appeals at the close of the financial year.
Once the data has been received, the tailored NNDR3 report is typically produced within three to five days, giving authorities time to review the analysis ahead of completing their return.
To allow sufficient time for the report to be produced and reviewed, authorities are generally advised to sign up before the final week of April.
Supporting Provision Management
The NNDR3 form covers a wide range of areas. One of the key considerations is the management of provisions held for appeals refunds, where authorities hold money aside to cover potential refunds arising from appeals. Understanding how outstanding cases may affect previous financial years is therefore an important part of preparing the return.
The NNDR3 report brings together CCA and Threats data and provides a clear breakdown of how those cases may impact historic financial years. This gives authorities greater clarity around potential liabilities and supports informed decision making when completing the NNDR3 return.
For authorities preparing their NNDR3 submission, having a clear view of how appeals may affect historic years can make the process significantly more straightforward.
If you would like to learn more about the NNDR3 report or ensure you have the analysis needed ahead of the return, please contact the Analyse Local team at info@analyselocal.co.uk.