Write Off of Irrecoverable Debt - Business Rates.

March 12, 2024 Approved View on council website
Full council record
Content

Salford City Council
- Record Of Decision

 

 

I, Councillor Jack Youd, Lead Member for Finance,
Support Services & Industrial Relations, in exercise of the
powers contained within the Council Constitution, do
hereby:
 

·        
Approve the write-off of
irrecoverable debts for Business Rates to the value of £941,463.51.

·        
Note the
write on value of £44,380.10.

 
The Reasons
are:

The liabilities mentioned in the report for
write-off are irrecoverable.
 
Options considered and
rejected were:

To leave outstanding amounts on the accounts for a
further period.
 
Assessment of
Risk:

The write-off of irrecoverable amounts is an
essential part of account administration.
 
The source of funding
is:

The bad debt provision has been
confirmed.

 
Legal Advice
obtained:
The Council must follow the legal framework
for the collection and recovery of business rates. In some cases,
it will be impossible to recover unpaid rates for legal reasons
such as insolvency, or where it is considered uneconomical to
pursue a debt.
 
Financial Advice
obtained:

There are sufficient provisions available to cover
the cost of the proposed write offs.
 
The following documents
have been used to assist the decision process:

Detailed list of accounts to be written-off (not
available to the public).

 

Case files have been prepared for high value debts
where current recovery methods have been unsuccessful and where
appropriate evidence of working with legal specialist for complex
business rates recovery service (not available to the
public).
 

Some of the relevant documents contain exempt or
confidential information and are not available for public
inspection. Other documents which are in the public domain are the
relevant write-off strategies.

 

Contact Officer: Jane Betts, Service Manager –Business Rates

Tel. 0161 793 2710   jane.betts@saflord.gov.uk

 

 

This decision is not subject to consideration by
another LeadMember.

 
The appropriate scrutiny panel to call-in the decision is the
Overview & Scrutiny Board.

 

 

 

Signed: Councillor Jack Youd                                                 
Date: 12th March 2024

Lead Member for Finance, SupportServices &
Industrial Relations

 
 

 

This decision was published on 13th March
2024.
 

This decision will come into effect at 4.00 pm on
20th March 2024, unless it is called-in in accordance
with the decision-making process rules.
 

Details

OutcomeRecommendations Approved
Decision date12 Mar 2024
Subject to call-inYes