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Asked by Kellie

AQW 17287/22-27 Written question to the Minister of Finance

To ask the Minister of Finance to detail any estimate that has been made on the amount of income that would be generated if the removal of rates exemption for university accommodation is progressed as part of her budget sustainability plan.

Asked by Kellie Armstrong MLA on 23 October 2024

  • Answered
  • Written
Tabled
23 October 2024
Answer due by
7 November 2024
Answered
28 October 20245 days after tabling
Department
Department of Finance
Priority question
No

Answer

Any removal of the stated exemption would raise around £2M in revenue, shared between the Executive and District Councils.

No decision has been taken on the removal of this measure.

As a general rule, any revenue savings from rating support that is removed would be a matter for the Executive to decide in line with budgetary processes.

Official sources

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