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May 15, 2024 · Picture – (L-R) Colin Neill (Hospitality Ulster), Finance Minister Dr Caoimhe Archibald and Glyn Roberts (Retail NI) launching the new Back in Business scheme. The rates discount of 50% is granted for up to 24 months beginning on the day which the retail unit becomes occupied. The rate relief can be applied from 1 April 2024.
Internal Review of the Rate Rebate Scheme. Date published: 27 October 2022. Topics: Property rating. Rating policy. The Rate Rebate Scheme is a Department of Finance Scheme which was introduced on 27 September 2017 in alignment with the phased introduction of Universal Credit (UC) and the gradual abolition of Housing Benefit in Northern Ireland.
Feb 29, 2024 · Written Ministerial Statement - Regional Rate 2024/25. Date published: 29 February 2024.
Feb 29, 2024 · The Executive has agreed to adjust the regional rate for 2024/25 in line with inflation. Subject to Assembly approval, the proposal on the regional rate element of the bill would add 46p per week to the bill for a domestic property with an average capital value of £123,000 and £10.73 per week for a typical non-domestic property with a £ ...
This consultation closed on Wednesday 15 December 2021. In total, the consultation received 12 responses, 11 of those responses were representative bodies and 1 general response from an individual ratepayer. The individual responses to the consultation can be found at NI Reval2023 - Setting of Decapitalisation Rates - consultation responses.
Non-domestic district rate (£) Non-domestic regional rate (£) Total Non-Domestic rate poundage (£) Domestic district rate (£) Domestic regional rate (£) Total domestic rate poundage (£) Antrim and Newtownabbey: 0.244981: 0.279: 0.523981: 0.003718: 0.004574: 0.008292: Ards and North Down: 0.2433: 0.279: 0.5223: 0.003618: 0.004574: 0.008192 ...
Instead of using the Rates Calculator, you now: Use the 'Find a property valuation' link below to find a property using the property address. In the search results, click on 'Details'. On the next page, you will see the Estimated Rate Bill which shows the full annual rate calculation for the current rating year (April to March).
Consultation description. Initially, the Department undertook two consultations to inform how an interim rate rebate replacement scheme could be quickly developed to accommodate the early introduction of Universal Credit. It had been envisaged that Universal Credit would be introduced in Northern Ireland during 2014 or 2015; however, due to ...
Known as ‘Reval2023’, this process will result in a new non-domestic Valuation List being used to calculate business rate bills from April 2023. Announcing the revaluation, Minister Murphy said: “The Covid-19 pandemic has had a dramatic impact on the economy resulting in changes between business sectors and this will feed through to changes to the rental values of many properties.
A rates revaluation is the reassessment of the individual Net Annual Values (NAVs) of over 75,000 business properties in Northern Ireland. Our valuation teams will assess the information each business submits and determine new NAVs. These will be used to calculate business rate bills in April 2026. Business rate bills are calculated by ...
