Issue - meetings

Business Rates – Write Offs

Meeting: 20/10/2020 - Cabinet (Item 27)

27 Business Rates – Write Offs pdf icon PDF 95 KB

Additional documents:

Decision:

As detailed in the recommendation.

Minutes:

Councillor Mullin introduced the report which sought approval to write off individual bad debts in excess of £25,000,

 

            The Chief Officer (Governance) explained that two Business Rate debts were considered to be irrecoverable for Limited Liability Companies as they were no longer trading.  Consequently, there were no assets and successful recovery of the Business Rate debts was no longer possible and a write off was necessary, totalling £55,321.

 

            Councillor Butler said that despite writing off two debts, it was important to note that Flintshire was one of the top authorities in Wales for recovering debt. 

 

Councillor Mullin added that there were no direct financial implications for the Council or local taxpayers by writing off the debts, as Business Rates were borne by the National Collection Pool for Wales. 

 

RESOLVED:

 

That the write off for the Business Rate debts totalling £55,321 be approved.