The amount of rate debt written off in Northern Ireland has increased by 50%.More than £150m in household rates remains outstanding - owed by those who cannot or will not pay.The write-off peaked at £15m last year and is expected to rise even further this year.With deep cuts made to the budget the executive gets from the Treasury, the revenue raised through household rates is increasingly important.More than £1bn is collected in rates each year.Because of the current economic climate, the amount of debt that has been written off is increasing.It has risen from £10m to £15m this year - an increase of 50% and is set to rise even further.The number of people who have had to enter into special arrangements to pay their rates has more than doubled.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor