AQW 45816/11-15

Mr Stewart Dickson
Alliance Party
East Antrim

Tabled Date: 15/05/2015
Answered On Date: 13/10/2015
Priority Written: No

Question:
To ask the Minister of Finance and Personnel whether his Department has assessed the additional revenue to be gained by lifting the valuation cap on houses for rating purposes.

Answer:

The removal of the maximum capital value could potentially provide additional rate revenue for the Executive of just over £4.1 million a year based on the 2015-16 regional rate poundage.