With regard to the response to WAQ76120, will the Cabinet Secretary confirm whether the 51.4p multiplier was used when estimating revenue from non-domestic rates for the 2018-19 and 2019-20 budgets?
Answered by Cabinet Secretary for Finance | Answered on 15/03/2018
The revenue forecast underpinning the distributable amount set for 2018-19 used the 51.4p multiplier. The estimate for 2019-20 published in the Final Budget was uprated using the Office for Budget Responsibility's November 2017 forecast for the Consumer Prices Index.