NIIRTA hosts rates revaluation seminar

NIIRTA CEO Glyn Roberts
NIIRTA CEO Glyn Roberts

Independent retail lobby group NIIRTA and property specialists Osborne King are to hold an information seminar for independent retailers and small businesses on the Rates Revaluation process.

The event takes place on February 9, at Chartered Accountants House on Linenhall Street, where experts from the Department of Finance, Land and Property Service and Osborne King will be present to answer questions.

“The rates revaluation has resulted in both winners and losers amongst our membership and it is important that we support those independent retailers who face a significantly higher rates bill come April 1,” said NIIRTA chief executive Glyn Roberts.

“Our event will aim to provide independent retailers and small businesses with the information around the process and how they can appeal.

“Following feedback, we are concerned that NIIRTA members and those who own petrol forecourts in particular, are seeing up to a 70 per cent increase in their rates bill which is completely unacceptable.”

Stating that the issue of business rates was the top priority for NIIRTA in 2015, Mr Roberts added: “We face a perfect storm of challenges such as the rates revaluation, long term future of the Small Business Rate Relief Scheme and Rates Convergence of the eleven super councils”