The Department of Finance has launched a 14-week consultation on the revenue raising potential associated with the removal of rating measures.
The Department is seeking views from those who may be directly affected and from the wider body of ratepayers. There were seven proposals for changes to rating measures identified by the Secretary of State:
Domestic sector: Early Payment Discount, Landlords Allowance, Maximum Capital Value cap.
Non-domestic sector: Non-domestic Vacant Rate relief, Industrial Derating, Freight Transport relief, Halls of Residence exemption.
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