The cart is empty 
NI Traders To Benefit From New Rates Proposals
- 30 January 2012
The Finance Minister has met with the Ballyclare Chamber of Trade to hear their views on changes to commercial rates and their concerns for the future.
In December the Executive agreed to the expansion of the small business rate relief scheme, to be funded from a large retail levy. This will provide tangible benefits to small businesses, who have been adversely affected by the downturn and continue to struggle during these difficult economic times.
Mr Sammy Wilson said: "I welcome the opportunity to hear the views of Ballyclare traders and the concerns that many have, both here and in other towns across Northern Ireland.
"While the downturn has impacted on all sectors some have fared better than others during that period. I know that small businesses in particular are struggling.
"The policy changes aim to rebalance the rating system for a finite period during the economic downturn, helping to create the right conditions for recovery, and broadly double the amount of rate relief provided to small businesses."
Visiting a number of the independent businesses in the town the Minister could see for himself the adverse impact that the economic downturn has had. said: "I welcome the opportunity to hear the views of Ballyclare traders and the concerns that many have, both here and in other towns across Northern Ireland.
Source: Build.ie - Traders To Benefit From New Rates Proposals
