The Department of Finance has launched a consultation into the future of the rates system in Northern Ireland.
The consultation document is attached:
https://www.finance-ni.gov.uk/news/business-rates-public-consultation-launched
This is an important consultation and we encourage all our clients to take part.
Rates are a huge “bottom line” cost that directly impact profitability and the level of rates that many pay is unsustainable.
The system needs fundamental reform to reduce this burden on “bricks and mortar” businesses that are subsidising online companies..
We attended the launch of the consultation and, as Northern Ireland’s leading rates advisor, we will be taking an active part in the process and have already made representations on a number of issues.
If you would like to discuss the consultation please speak to your usual RHM Contact.
The closing date for representations is 11 November.