Issue - meetings
Business Rates - Write Offs
Meeting: 19/09/2023 - Cabinet (Item 49)
49 Business Rates - Write Offs 
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Additional documents:
Decision:
As detailed in the recommendation.
Minutes:
Councillor Mullin introduced the report and explained that for individual bad debts more than £25,000, Financial Procedure Rules (section 5.2) asked Cabinet to approve recommendations to write off debts.
A Business Rates debt totalling £36,798.60 for Outsourced Fulfilment Services Limited was deemed to be irrecoverable as the ratepayer was registered as an oversees company.
The company was not a UK listed company on Companies House and was registered in Hong Kong. The business liability ended from 23rd April 2023.
The Chief Officer (Governance) explained that the proposals, as set out in the consultation, did not have any direct resource implications for the Council.
RESOLVED:
That the Business Rates write off totalling £36, 798.60 for Outsourced Fulfilment Services Limited be approved.