AQW 8311/22-27

Mr Eóin Tennyson
Alliance Party
Upper Bann

Tabled Date: 06/03/2024
Answered On Date: 14/03/2024
Priority Written: No

Question:
To ask the Minister of Finance, in light of the increase in the rate of Air Passenger Duty announced by the UK government, to detail the resulting cost to the Executive's budget.

Answer:

The changes announced at Spring Budget 2024 to Air Passenger Duty (APD) will not have a direct impact on the adjustment that is made to the Executive’s budget in relation to the devolution of direct long haul APD rate setting powers.

This adjustment is linked to the overall growth in long-haul passenger numbers departing airports across Britain and the North, not rates or revenues.

The reduction to the Block Grant for 2024-25 remains £2.445m. Future adjustments will be determined at the next Spending Review.