The Department of Finance and Personnel is today launching a targeted 8 week consultation on its policy proposals for provision of enhanced Sport and Recreation relief. That enhanced relief would be granted using the new enabling powers recently taken through the Assembly within the Rates (Amendment) Bill. I attach a link to that Bill, which was granted Royal Assent at the end of last week, and the associated documentation below:-
The consultation paper lays out the Department’s policy intentions for the new enabling power, including the preferred policy approach of the Department. The Department is consulting prior to taking forward legislation for the new policy within the required statutory window. The consultation paper and integrated impact assessment are attached to this letter, and will also appear at the link below later this afternoon.
https://www.dfpni.gov.uk/articles/latest-developments-rating-policy
The consultation also seeks views on the separate issue of prescribed recreations that are listed for the purposes of the Sport and Recreation enhancement.
The consultation will close on the 9 May which builds some extra days into the consultation period for public holidays.
I look forward to receiving your views during the consultation.