FOI Request - Credits - Business Rates
Can you provide details of the credits held on your records for ratepayers in respect of payment of Business Rates.
The information I require would be the Ratepayer name, address, credit amount and the financial year the credit sits in. This would only be for Limited Companies (corporate) and Government Bodies and not for individuals (sole traders, partnerships).
Non-Domestic Rate accounts which are in credit as the result of an adjustment or an overpayment are routinely dealt with as part of the daily duties of the Council's rates team.
In these circumstances, newly-created credits are quickly refunded by users and this ensures that credit balances do not remain on accounts. The only exception occurs when there is a dispute on an account or staff require information to issue the refund cheque to the appropriate payee. In each case this will delay the issue of a cheque. In addition to these factors, some cheques are not cashed within the six-month period and in such circumstances, such a cheque will be cancelled and this will result in the rates account again becoming overpaid.
There are no long-term overpaid balances on Non-Domestic Rates accounts other than those the Council is currently unable to refund due to one of the factors that have already identified.