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 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained 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