Issue - decisions

High Value Debts

24/06/2020 - Write Off of Business Rates Debt

The Cabinet has considered, and given approval, to a proposal to write off a Business Rates debt amounting to £106,244.98 as irrecoverable that was owed by a limited company for office premises in Stockport.

 

It was noted that options to recover the debt had been exhausted so there was no prospect of recovery. Part payment was received as full and final settlement following a legal agreement.

 

(NOTE: This item includes a ‘not for publication’ appendix that has been circulated to members of the Cabinet only).