Business and household rate bills go out this week

Land & Property Services (LPS) will begin issuing business and household rate bills this week, two months later than usual after Finance Minister Conor Murphy delayed their release to give ratepayers a break in payments.

Monday, 24th May 2021, 8:27 pm
Finance Minister Conor Murphy

Over £1billion in rates was collected last year. The money raised was invested in vital public services such as healthcare, education and roads as well as helping to fund essential Council services.

The Executive has frozen the element of the rate bill it is responsible for to help both households and businesses with the post-pandemic recovery.

Finance Minister Conor Murphy, said: “The pandemic has had a devastating impact on the economy and on the cashflow of many businesses. Last year I reduced the non-domestic regional rate by 18% to help all business ratepayers. We have frozen the rate again this year, which means that the benefit of last year’s cut will be retained.”

Sign up to our daily newsletter

The i newsletter cut through the noise

The Minister also confirmed that many businesses in the hardest hit sectors of the economy will again pay no rates in 2021/22.

He continued: “The further 12 month rates holiday will benefit almost 29,000 businesses, helping to sustain businesses and the jobs they provide. I know many household incomes have been adversely affected by the pandemic. I have frozen the domestic regional rate for householders for the last two years and I delayed sending out rate bills to give ratepayers a two month break in payments. I would encourage anyone who is having difficulty paying to contact Land & Property Services for advice and support.”

A wide range of reliefs and entitlements are available including; support for those entitled to Universal Credit, for people on a low income and for pensioners who live on their own. Land & Property Services is encouraging anyone having difficulty paying to contact them for advice on payment arrangements and the range of support available.

Full details can be found at www.nidirect.gov.uk/rates and www.nibusinessinfo.co.uk/business-rates

There are a number of ways to pay your rate bill:

Direct Debit is the easiest and most convenient way to pay and allows ratepayers to spread the cost over monthly instalments. You can set up a Direct Debit online.

Pay online by debit or credit card

Pay at any Post Office or PayPoint.

Domestic ratepayers can receive 4% discount if they pay their bill in full on or before July 9 2021.

The bill will set out the amount due for 2021/22, details of any rate relief which has been applied to your account and any arrears from previous years that have not been paid.

A message from the Editor:

Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.

In order for us to continue to provide high quality and trusted local news on this free-to-read site, I am asking you to also please purchase a copy of our newspaper whenever you are able to do so.

Our journalists are highly trained and our content is independently regulated by IPSO to some of the most rigorous standards in the world. But being your eyes and ears comes at a price. So we need your support more than ever to buy our newspapers during this crisis.

With the coronavirus lockdown having a major impact on many of our local valued advertisers - and consequently the advertising that we receive - we are more reliant than ever on you helping us to provide you with news and information by buying a copy of our newspaper when you can safely.

You can also enjoy unlimited access to the best news from across Northern Ireland and the UK by subscribing to newsletter.co.uk

With a digital subscription, you can read more than five articles, see fewer ads, enjoy faster load times, and get access to exclusive newsletters and content. Visit https://www.newsletter.co.uk/subscriptions now to sign up.

Thank you