AQW 44677/11-15 Written question to the Minister of Finance and Personnel
To ask the Minister of Finance and Personnel whether he plans to extend the Small Business Rate Relief for small Post Offices beyond 1 April 2015.
Asked by Claire Sugden MLA on 17 April 2015
- Answered
- Written
- Tabled
- 17 April 2015
- Answer due by
- 5 May 2015
- Answered
- 30 April 201513 days after tabling
- Department
- Department of Finance
- Priority question
- No
Answer
Last year the Small Business Rate Relief scheme (SBRR) was evaluated by the NI Centre for Economic Policy (NICEP). Their report recommended phasing out the SBRR but retaining it in its current form this financial year. I have since agreed to follow this recommendation and the scheme has subsequently been extended for a further year until 31 March 2016 with the same NAV thresholds and % allowances for both the main scheme and the post office enhancement.