Non-domestic rating is a vital form of taxation, raising some £592m of revenue for regional and local Government in Northern Ireland. However, it is also a significant expense for the businesses that are the lifeblood of the local economy. On 26 October 2015, Finance Minister Arlene Foster, launched a public consultation on a wide-ranging review of the non-domestic rating system.
The Consultation asks questions that touch upon every sector in Northern Ireland, giving respondents the chance to provide imaginative suggestions to improve how revenue is raised locally. Because of the Department’s willingness to engage creatively with the business community and other stakeholders, this consultation represents a rare opportunity to influence major change.
This half-day conference, part of the Chambré Public Affairs ‘Eye on the Hill’ series of policy events, will provide participants with a unique insight into an important programme of reform. Featuring context and analysis from the Minister, senior officials, sector leaders and noted experts, the conference is perfectly timed to inform responses to the consultation, which closes a fortnight later. Your participation will also help shape the outcome of the review; ensuring policymakers strike the right balance when it comes to encouraging local enterprise and paying for public services.