Issue - meetings

As detailed in the recommendation.

Councillor Mullin introduced the Business Rates – Write Offs report which provided details of two business rate debts that were considered to be irrecoverable for Limited Liability Companies that were no longer trading and had either been placed into administration or had been liquidated.

            There were no assets and successful recovery of the business rate debts was no longer possible and a write off was necessary for:

·         Lancashire Fuels 4U Limited (in liquidation) - £73,932.05; and

·         Novo Drinks Limited (in administration) - £39,415.39.

Councillor Bithell praised officers for their efforts in attempting to recover the debts.

RESOLVED:

That the write off of the business debt rates, amounting to £73,932.05 for Lancashire Fuels 4U and £39,415.39 for Novo Drinks Ltd. be approved.