Category: Propertynews.com

22nd June 2011

NI Rates Revaluation postponed until 2015

• in Propertynews.com

Finance Minister Sammy Wilson today announced his decision not to proceed with the revaluation of non domestic properties, planned for April 2011. Speaking about his decision, the Minister said: “I announced last year that I was postponing the revaluation of non domestic properties until 2011. I had taken this decision in light of the instability […]

22nd June 2011

Prime city office space is snapped up

• in Propertynews.com

  The building has 22,000 sq ft of office accommodation A Seven storey building in Belfast city centre has been let in one of the biggest office deals in recent times.  Osborne King, a commercial property consultant in Belfast, negotiated the deal for 20 Adelaide Street on behalf of their clients Farrelly and Mitchell, a […]

22nd June 2011

Phased corporation tax cut ‘best option’ for Northern Ireland

• in Propertynews.com

The Secretary of State has said a phased reduction in Northern Ireland’s corporation tax would be “sensible”.  Owen Paterson said reducing the rate gradually over time would benefit the local economy, even if it meant millions of pounds were lost from Northern Ireland’s block grant from Westminster.  “I think the sensible way to do this […]