FOI Request - Unclaimed Business Rate Credit Balances
This is a request for information, filed under the Freedom of information act 2000. We wish to obtain the information, from the Council, relating to unclaimed business rate credit balances.
We are aware that all Billing Authorities hold on account sums of money that are due to be returned to ratepayers and for a variety of reasons have not been repaid and maybe considered untraceable by the Council.
We therefore request a breakdown of credit balances accrued since your earliest records, for the amounts owing to all incorporated companies within the authorities billing area, including
The name of each business in respect of which non-domestic rate credit balances remain payable
The value of overpayment in each case which remains unclaimed
The years(s) in which overpayment was made and
The hereditament address
The name of each business in respect of which non-domestic rate credit balances has been written back on to the ndr account
The value of write back in each case which remains unclaimed
The years(s) in which write back was made (if available) and
The hereditament address that the write back relates to
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 Revenues staff.
Newly-created credits are quickly refunded by users and this ensures that credit balances do not remain on accounts. The only exception occurs when staff are dealing with a dispute on an account or are awaiting information to allow the issue of the refund cheque to the appropriate payee.
In addition to these factors, some cheques are not cashed within the six-month period which will result in such a cheque being cancelled and the rates account again becoming overpaid.
I can, therefore, confirm 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 I have identified.