FOI Request - Business Rates Credits
In accordance with the above Act could I put you to the trouble of providing 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).
I can confirm that Non-Domestic Rates accounts which are in credit as the result of an adjustment or an overpayment are routinely dealt with by the rates team. Newly-created credits are quickly refunded 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 they are awaiting information to permit the issue of the refund cheque to the appropriate payee. Some cheques may not be cashed within the six-month period which will result in the cheque being cancelled and the rates account temporarily becoming overpaid again
I can, therefore, state 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 these factors.