North Northamptonshire Council (NNC) has approved the write-off of £589,959.61 in unpaid business rates and council tax, citing the debts as irrecoverable. The decision, made by the council’s executive panel, covers nine accounts linked to businesses that have gone into administration, liquidation, or been dissolved.
The largest single debt, £233,300.13, was from a business that entered liquidation. Confidential council documents indicate further recovery efforts would not be cost-effective.
Claire Edwards, NNC’s Executive Director of Finance, stated that while the council aims to maximise revenue collection, some debts must be written off when recovery is no longer feasible. The Conservative-led administration approved the measure at its latest committee meeting.