Belfast City Council Case Study
Onepoint delivers a PoC aimed at improving and maximising the collection of business rates collection for a local authority within the United Kingdom.
Our client is a UK local authority which serves an estimated population of 333,871 in a region that comprises six district councils based in dormitory commuter towns. The six combined councils provide the services and infrastructure for a total population of 579,276, having invested a sum of £50 million into infrastructure development in 2016 alone. This is essential to the continued prosperity of the regions, as tourism and business footfall generated some £324 million towards the city’s economy, an annual increase of 14%.
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Maximising business rate revenue was the key objective of this project, as:
- Rate Income provides important revenue for the Central Government Executive as well as the associated District Councils.
- Non-domestic rate income provides approximately half of the total revenues for the Council.
- It is vital to maximise the yield from the existing tax base to promote regional development.
- The stagnant rate base was deemed to be out of control.