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£17m lost in non-collected rates £17m lost in non-collected rates
(10 minutes later)
Revenue worth £17m has been lost in Northern Ireland through the non-collection of domestic rates.Revenue worth £17m has been lost in Northern Ireland through the non-collection of domestic rates.
It has emerged that 30,000 properties, listed as vacant by the Land and Property Service, were occupied and rates bills had not been issued.It has emerged that 30,000 properties, listed as vacant by the Land and Property Service, were occupied and rates bills had not been issued.
The mistake came to light following an inspection of the vacant premises, collated by the LPS, by local councils.The mistake came to light following an inspection of the vacant premises, collated by the LPS, by local councils.
In Belfast 13,000 premises thought to be vacant were surveyed. More than half were found to be occupied.In Belfast 13,000 premises thought to be vacant were surveyed. More than half were found to be occupied.
BBC NI Business Correspondent Kevin Magee said that about 6,500 properties in the city which were thought to be vacant are, in fact, occupied.BBC NI Business Correspondent Kevin Magee said that about 6,500 properties in the city which were thought to be vacant are, in fact, occupied.
So far, the majority of people living in them have not been billed for rates.So far, the majority of people living in them have not been billed for rates.
It is thought that this could cost Belfast City Council almost £2m in lost revenue in the next year alone. It is thought that this could cost Belfast City Council almost £2m in lost revenue in the next year.
The SDLP group at City Hall said the council should be compensated for what it is describing as the "incompetence" of those charged with collecting rates.The SDLP group at City Hall said the council should be compensated for what it is describing as the "incompetence" of those charged with collecting rates.