Property changes and business rates
Introduction
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, for example, 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 or business 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.
Queries on your business rates
If you have a query regarding your business rates you should contact Land & Property Services.