FOI Request - Business Rate Accounts - Credit Balance
A list of all active and closed business rate accounts that contain a credit balance as at 1st January 2015, to include:
(i) Property Address
(ii) Liable Party
(iii) The Liable Party’s Contact Address
(iv) The Billing Period
(v) Credit Amount
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 deal with a dispute on an account or await 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 temporarily becoming overpaid.
I can, therefore, confirm there are no credits 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.