AQW 3765/17-22

Mr Andrew Muir
Alliance Party
North Down

Tabled Date: 16/03/2020
Answered On Date: 25/03/2020
Priority Written: No

Question:
To ask the Minister of Finance, in light of downturn experienced as a result of COVID-19, whether planned Reval 2020 non-domestic rates revaluation process can be suspended for sectors facing significant rises.

Answer:

The new non domestic Valuation List will come into force on 1 April.

It is not possible, within the terms of the legislation, to suspend changes in Net Annual Value for some, but not all, of the entries in the List at a general revaluation.