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Asked by Stewart

AQW 45816/11-15 Written question to the Minister of Finance and Personnel

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.

Asked by Stewart Dickson MLA on 15 May 2015

  • Answered
  • Written
  • After due date
Tabled
15 May 2015
Answer due by
2 June 2015
Answered
13 October 2015151 days after tabling
Department
Department of Finance
Priority question
No

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.

Official sources

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