How business rates valuations are calculated

Introduction

Guide

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.

Your annual business rate bill is calculated and collected by Land & Property Services.

Non-domestic property in Northern Ireland is assessed on the basis of its rental value known as the Net Annual Value (NAV). The NAV of your business property will determine the amount of rates you will have to pay. Please note that your rateable value (NAV) is not your rate bill.

This guide explains valuation of a new property, valuing alterations to existing properties, specialist schemes that apply to some non-domestic properties and how to appeal your valuation if you think it may be incorrect.

To fully understand your business rates see business rates: the basics.

If you have a query regarding your business rates you should contact Land & Property Services.

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.