Northern Ireland opts for capital value domestic rating
Series: IRRV Insight ; (5.5) January/February 2003, 8(1)Publication details: 2003Subject(s): Summary: Northern Ireland is to adopt a new rating system for valuing domestic properties: houses will be assessed by their market value, not their rental value. The new system is expected to come into force in 2006. Consultation by the Northern Irish government showed that many bodies were in favour of a new system based on a property's market value. The responses and public consultation report are available in full on the Rating Policy website, http://www.nics.gov.uk/ratingpolicy/.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3909-22 (Browse shelf(Opens below)) | 1 | Available | 121556-1001 |
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Northern Ireland is to adopt a new rating system for valuing domestic properties: houses will be assessed by their market value, not their rental value. The new system is expected to come into force in 2006. Consultation by the Northern Irish government showed that many bodies were in favour of a new system based on a property's market value. The responses and public consultation report are available in full on the Rating Policy website, http://www.nics.gov.uk/ratingpolicy/.