Issue - meetings
Business Rates Write off in excess of £5,000
Meeting: 15/10/2025 - Executive (Item 405)
Business Rates Write off in excess of £5,000
Purpose:
To seek approval to write off irrecoverable business rates in excess of £5,000.
Recommendation:
That the Executive resolves to:
1. Approve the write offs totalling £95,442.41 as detailed within this report, and;
2. Note that the actual cost to the council is £38,176.96, being 40% of the total amount to be written off.
Additional documents:
Minutes:
Councillor Alaric Smith, Executive Member for Finance presented the item the purpose of which was to seek approval to write off irrecoverable business rates in excess of £5,000.
RESOLVED:
That the Executive:
1. Approved the write offs totalling £95,442.41 as detailed within this report, and;
2. Noted that the actual cost to the council is £38,176.96, being 40% of the total amount to be written off.