The new valuation list for non-domestic properties will be used to calculate business rate bills from 1 April 2023.
Land & Property Services (LPS) has announced the publication of the new valuation list for non-domestic properties, which will come into effect on 1 April 2023. The valuation list will be used to calculate business rate bills that will be issued from the start of April 2023.
Reval 2023
The new valuation list is the result of a large-scale exercise to revalue all 75,000 non-domestic properties known as Reval 2023. This is the third revaluation for businesses in eight years and is a response from LPS to calls from business ratepayers in Northern Ireland for more frequent revaluations.
New valuation list
You can view the new 2023 valuation list to find out the changes in your valuation.
As a comparison, you can view the 2020 valuation list that has been used to calculate business rates up to 31 March 2023.
Help with business rates
Around 75% of non-domestic properties here are entitled to some form of rate relief, such as Small Business Rates Relief, Industrial De-Rating, or Sport and Recreation Relief. Find out about the help available for business rates.
Source: nibusinessinfo
