Agenda item

Irrecoverable Non-Domestic Rates

Report of the Chamberlain

Minutes:

Members considered a report of the Chamberlain in respect of irrecoverable non-domestic rates, noting that the Finance Committee had delegated authority to the Head of Revenues to write off Council Tax and Non-Domestic Rates debts of up to £20,000, without seeking approval of the Committee.  Members noted that all available recovery procedures had been exercised in trying to recover the sums set out in the report but without success. 

 

RESOLVED, that - the write off of irrecoverable non-domestic rates in the sum of £1,793,299.67 be approved, noting that £570,550.81 will be met by the City Corporation and £16,017.44 borne from the proceeds of the City Premium.  NB. The debt relates to 11 companies dating back to 2011.011

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