AQW 11521/17-22 Written question to the Minister of Finance

To ask the Minister of Finance to detail the amount of rate relief (i) provided to large supermarkets during COVID-19 pandemic; and (ii) returned to date, broken down by supermarket business owner.

Asked by Andrew Muir MLA on 3 December 2020

  • Answered
  • Written
Tabled
3 December 2020
Answer due by
18 December 2020
Answered
17 December 202014 days after tabling
Department
Department of Finance
Priority question
No

Answer

The table below lists the amount of rate relief provided to the four largest supermarket chains in response to the pandemic for the current rating year. All businesses in Northern Ireland benefitted from a four month rates holiday for April to July 2020. Properties selling food and household goods with a retail floor space of over 500 m2 were excluded from the 12 month rates holiday.

In addition to these specific support packages, on 31st March 2020 as part of my Budget announcement, I announced a reduction in the Regional Rate for all businesses equating to an 18% reduction on the 2019/20 rate.

RatepayerRate Relief Amount
Tesco£5,449,818
Sainsbury's£2,089,141
Asda£2,070,817
Lidl NI Ltd£1,311,224

(ii)No amount of rate relief discharged to the large supermarkets above has been returned to date.

Official sources