Rating Policy

Part of Ministerial Statements – in the Northern Ireland Assembly at 11:45 am on 22nd November 2016.

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Photo of Jim Wells Jim Wells DUP 11:45 am, 22nd November 2016

First of all, I suggest to the Minister that he is going to have trouble with his decision to scrap the cap on domestic rates. He also made a very significant comment in his statement. He said that he is abolishing the industrial derating of vacant factory premises. He will know that there are many factories in Northern Ireland where genuine attempts have been made to rent or sell the property but that for various reasons — sometimes the property is at an interface or the industry is simply not viable — it cannot be done. If the individual owner of that property can show that he or she has made every attempt to sell or rent the property, will they still have a large rate bill landing on their desk?