Property changes and business rates
Business rates: moving to new or additional property
Rates assistance for businesses impacted by COVID-19
The Finance Minister has announced a further £213 million of business rates support in addition to the emergency £100 million rates package to assist businesses impacted by COVID-19. Find out more about COVID-19: Emergency rates package for businesses.
If you are planning to buy or rent new business premises, you may want to know how much you are likely to pay in business rates before you move. The first step is to find out from Land & Property Services (LPS) what the rateable value of the property is.
Newly built property
If the business premises is a new build property or has not yet been completed, the rateable value may not have been assessed yet. For advice and assistance, you should contact your nearest LPS Valuation office.
Please note: Most LPS services are available, but LPS Customer Information Centres remain closed until further notice. The Ordnance Survey helpline remains closed until further notice, however queries can be directed to Mapping.Helpdesk@finance-ni.gov.uk. Helplines for rating and valuation, housing benefit, rates relief and land registration are open.
Closures will be kept under regular review in line with further Government announcements. Further information on service updates, helpline numbers and reaching LPS by email are available on the LPS website.
The business rates you will pay are calculated using the rateable value and the current regional rate plus the relevant district council rate. See how business rates are calculated.
When you move in or following the receipt of a completion notice, you become liable for the business rates on the new property. You should contact your local rating office so that they can charge you the correct amount. You should also tell the rating service about any property or properties you are leaving so that they can stop charging you business rates for them.
The building of new business premises will generally require an application for planning permission. See businesses: building new premises.