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Asked by Andrew Muir

AQW 27845/17-22 Written question to the Minister of Finance

To ask the Minister of Finance what assurances his Department has received from HM Treasury that £50 million Barnett consequential funding, due to be secured as part of the Non-domestic Rates Valuations (Coronavirus) Bill in Westminster, can be spent in 2022/23.

Asked by Andrew Muir MLA on 11 January 2022

  • Answered
  • Written
Tabled
11 January 2022
Answer due by
26 January 2022
Answered
18 January 20227 days after tabling
Department
Department of Finance
Priority question
No

Answer

I can confirm the Barnett Consequential for the Westminster Rates funding will now be received in 2021-22 however Treasury has provided no assurances on carry forward to 2022-23 beyond the normal Budget Exchange Scheme mechanism.

The Executive’s 2022-25 Draft Budget does however provide funding in 2022-23 to allow the Executive to carry out its own scheme locally.

Official sources

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