Guide

Property changes and business rates

Introduction

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.

Businesses occupying non-domestic property pay business rates. The amount of business rates payable is calculated using the rateable value and the multiplier, set by the government. Different multipliers are used for Northern Ireland, England, Wales and Scotland.

If you change the nature of your business or make alterations to your property, eg adding an extension and increasing the rental value, this may then affect the rateable value of your commercial property. This in turn may affect the amount of business rates you are liable to pay. You should inform Land & Property Services if you make changes to your existing property to ensure you are paying the correct amount.

This guide explains if you need to pay business rates for your property and how changing or diversifying your business can affect the rateable value of your property. It explains what to do if you are moving to new or additional property and where to find further information and advice.

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.