AQW 37958/11-15

Mr Stewart Dickson
Alliance Party
East Antrim

Tabled Date: 24/10/2014
Answered On Date: 28/11/2014
Priority Written: No

Question:
To ask the Minister of Finance and Personnel for his estimation of the revenue that would be generated from a 1 per cent increase in the regional rate in the next financial year.

Answer:

It is likely that in the region of at least £7m additional revenue would result from a 1% increase to regional rate revenue.

Almost the same amount of additional revenue would result from a 1% increase to district rate revenue when estimated at a Northern Ireland level.