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Page last updated at 09:26 GMT, Saturday, 31 March 2012 10:26 UK

NI retail tax comes into force

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A controversial levy on large stores comes into force in Northern Ireland this weekend. The scheme, which some are calling the "Tesco tax", will see a re-calculation of the rates of commercial premises worth more than half a million pounds. The proceeds will be used by the Stormont government to reduce rates for smaller businesses.

Director of the Northern Ireland Retail Consortium Jane Bevis debates this issue with the Northern Ireland finance minister, Sammy Wilson, whose idea it was in the first instance.


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