Welwyn Hatfield business failures hit council coffers

PUBLISHED: 08:24 08 October 2016

Council chiefs have written of debts of £49,000.

Council chiefs have written of debts of £49,000.

Archant

Taxpayers in Welwyn Hatfield are likely to lose nearly £50,000 in business rates for companies that have gone bust.

The borough council cabinet has agreed to write off three debts, in total about £49,000, due from businesses in administration.

However, the authority may get some of its money back from the administrators, as an unsecured creditor.

Most Read

Most Read

Latest from the Welwyn Hatfield Times

Hot Jobs

Show Job Lists