§ Mr. Clifton-BrownTo ask the Secretary of State for Northern Ireland how many properties, broken down by categories of use, will be affected by the proposal to derate businesses in the province; and how much money will be raised by each of the proposed steps until full derating is reached in 2011. [159957]
§ Mr. PearsonThe potential yield from the phasing out of industrial derating is included in table 1 below and the number of properties, broken down by categories of use, 1755W that will be affected by the proposal to phase out industrial derating for manufacturing business in Northern Ireland is included in table 2.
The Potential Yield From the Phasing Out of Industrial Derating Rate liability (percentage)
Estimated total yield £ million
2005–06 15 8 2006–07 25 14 2007–08 35 19 2008–09 50 27 2009–10 75 41 2010–11 75 41 2011–12 100 55
Non Domestic Properties defined as Industrial1 for Industrial Derating Factories 4,458 Workshops and stores 552 Quarries, Sandpits, & Mines 150 Other 13 Total 5,173 Source:
VLA Non Domestic Property List