AQO 8169/11-15 Oral question to the Minister of Finance and Personnel

To ask the Minister of Finance and Personnel to outline the number of homes in Northern Ireland valued at £400,000 and above for rating purposes.

Asked by Stewart Dickson MLA on 30 April 2015

  • Answered
  • Oral
  • After due date
Tabled
30 April 2015
Answer due by
12 May 2015
Answered
13 May 201513 days after tabling
Department
Department of Finance
Priority question
No

Answer

There are 7,412 domestic properties in the Valuation List with a capital value equal to or above £400,000.

Domestic rates are capped at £400,000; in other words, all 7,412 of these properties have rate bills based on a capital value of £400,000 regardless of their actual capital value assessment in the Valuation List.

Official sources