PROPOSED REMOVAL OF RATES CAP IN NORTHERN IRELAND BY MINISTER MÁIRTIN O’MUILLEOIR

DO YOU WANT YOUR HOUSEHOLSD RATES BILL TO INCREASE?

This will happen under the proposals put forward by South Belfast MLA and Finance Minister Máirtín O’Muilleoir.

His plan, which he describes as the “biggest shake up in rating policy in a generation” includes a removal of the existing rates cap.

The current rating system caps the rateable value of household properties at £400,000, but the Minister wants to do away with this cap. This means that any homes with a value over £400,000 will now be subject to rates levied on any potential value over £400,000.

If you feel you could be affected by the proposed changes, please join us at 7pm on Monday 16 January 2017 in the Wellington Park Hotel.

Please see below the leaflet I have been distributing throughout South Belfast.

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