Regional Rate

This page provides details of the Regional Rate which is set by the NI Executive.

Regional Rate Order 2016

On 22 February the Assembly approved the Regional Rates Order 2016, which fixes the amounts of the regional domestic and non-domestic poundage used for the next financial year. For 2016-17, both the domestic and non-domestic regional rate in Northern Ireland will be uplifted in line with inflation by 1.7%. 

The Assembly also agreed to continue the Empty Shops Rates Concession and the Rural ATMs exemption for a further year.

From 1 April 2016 the domestic regional rates, expressed in terms of ‘pence per pound of rateable value’, will be 0.4111 pence and the non-domestic regional rate will be 32.40 pence. Taken together, the domestic and commercial regional rates are forecast as part of the Budget to raise in the region of £660m in the forthcoming financial year. 

 

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