Issue - meetings

Business Rates - Write Off above £25,000

Meeting: 21/06/2016 - Cabinet (Item 25)

25 Business Rates - Write Off above £25,000 pdf icon PDF 81 KB

Decision:

As detailed in the recommendation.

Minutes:

Councillor Shotton introduced the report on Business Rates – Write Off Above £25,000 explaining that Financial Procedure Rules required debts in excess of £25,000 considered for write off be referred to Cabinet for approval.  Details of the company and debt were outlined in the report.

 

            There were no direct financial implications for the Council as business rates collected were borne by the National Collection Pool for Wales.  As the Collection Pool was supported by Welsh Government (WG), non-payment of rates did though have a wider impact on the Welsh taxpayer.

 

RESOLVED:

 

That the write off of the business rate debt, amounting to £38,146.39 be approved.