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The article in full:

 

Non-payment of business rates could end in a 90-day prison sentence for company owners.

 

With the maximum punishment for non-payment of business rates set at 90 days’ imprisonment, it’s crucial for company owners to stay on top of what they owe. Here, business rates advisor Mark Allen guides owners through what may happen if they’re unable to pay debts.

 

If your council should apply for and obtain a liability order due to non-payment of business rates, your business should receive a letter of enforcement before a visit from a bailiff.

 

The bailiff who visits your small firm could be self-employed, or can also often be working on a commission basis. Their employer could have many cases, and bailiffs will often pursue larger debts first, or debts believed may be paid quickly.

 

Larger debts can pay more in commission to bailiffs, while certain premises are easier to enter to levy goods for future sale. Bailiffs are regulated, follow guidelines and are responsible to creditors, which in this case is the council that has appointed them to recover business rate debt.

 

The council will pass information on the debtor organisation to an enforcement company once a liability order has been obtained.

 

The council is then responsible for instructing the enforcement agency that the bailiff works for. The bailiff must act proportionately, and take into account a debtor’s circumstances.

 

Business rate advice can be difficult to obtain at short notice, however there are companies and individuals that specialise in helping firms in such situations. It often falls on the debtor to make the bailiff aware of their specific circumstances and any issues surrounding non-payment, if the council has not already done so.

Edited by stu007
Reduced due to COPYRIGHT
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The article in full:

 

The same prison term applies to standard LO's for non business rates as well

 

The word LEVY was changed

 

There will be a fee for the letter – £75 compliance stage not mentioned

 

Now the council may believe the debt is worth pursuing, or they may write it off. If they make a decision to still pursue the debt, with a bailiff having been unsuccessful, business owners will receive a warning letter and the council may take county court action, obtaining a county court judgement. If this happens then the fees will die

 

Debtors may be expected to gain a short term loan, for example, to pay their debts.

This flies in the face of debt recovery and RULES and guidance's issued by the FCA after all debt is covered by numerous rules and so on.

 

 

 

Finally I have never payed a debt I have always PAID a debt, if someone writing this article cannot even get the basics correct what chance is there to even give credence to their article!!!

 

 

Also some businesses operate a sale or return, then goods will be at a different address and this allows the EA to go get them, putting yet another business out of well business, this is commonly known as asset tracing...

 

 

This is my only response to this thread

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As one human has said an open mind is great mind! (No idea who said it though) my thought of the day!

 

 

One for the road >>

 

“In fact, the more each person can remove his or her ego from the discussion and focus on the subject matter, the more fruitful the conversation will be for all involved.”

If I have been of any help, please click on my star and leave a note to let me know, thank you.

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