Get involved in the Nondomestic revaluation
20 May 2013
What is the non-domestic revaluation?
Put simply it is the process by which Land & Property Services (LPS) will revalue all 72,500 non-domestic properties in Northern Ireland for rates. Domestic properties are not being revalued at this time.
Once complete the rateable value of all business properties in Northern Ireland will be in line with current property values. This will restore balance to the rating system. Current business rate bills are based on 2001 values. After revaluation they will be based on 2013 values.
New valuation list
A new Valuation List based on 2013 values will be published, and from 1st April 2015 business rate bills will be based on the new values.
Ensure your valuation is right by supplying rental information
Letters have now been issued to the occupiers of almost 50,000 business premises seeking rental information as part of the revaluation exercise. All business ratepayers are urged to play their part in this revaluation and submit the necessary information when requested.
To help ratepayers provide information in a convenient way, LPS has created an online form. If you have received a letter with instructions for accessing this form, please complete and submit your information as soon as you can. You can access the online form or find out more about revaluation from the Reval 2015 NI website.
Contacts for Reval 2015 NI
Call: 0300 200 7801
(outside UK: +44 28 9051 4613)