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  • O’Dowd calls on businesses to have their say on changes to business rating system

    Date published: 7 July 2026

    Finance Minister John O’Dowd has met with Belfast Chamber to discuss proposed reforms to the business rating system and encourage businesses to respond to the consultation on the Business Growth Accelerator and Non-Domestic Vacant Rating measures.

    Finance Minister John O’Dowd pictured with Belfast Chamber board and council members: Leona Barr, Gavin Annon, Michelle Greeves and David Quinn.
    Finance Minister John O’Dowd pictured with Belfast Chamber board and council members: Leona Barr, Gavin Annon, Michelle Greeves and David Quinn.

    Speaking following the meeting, John O’Dowd said: “I welcomed the opportunity to meet with the Belfast Chamber and discuss my recently launched consultation on the Business Growth Accelerator and Non-Domestic Vacant Rating and a number of business-related issues.

    “I am acutely aware that businesses across our towns, cities and high streets continue to face a challenging operating environment but despite those challenges, businesses here continue to innovate and break new ground, underpinning local employment, local communities and our wider economy.”

    The Minister continued: “My objective has always been a rating system that is fair, one that supports public services but also recognises the importance of business growth, investment and regeneration. That is why last week I launched a consultation on two important and related proposals: the introduction of a Business Growth Accelerator and changes to Non-Domestic Vacant Rating.

    “The proposed Business Growth Accelerator would provide temporary, targeted relief for businesses making qualifying improvements to their properties, while the suggested changes to Non-Domestic Vacant Rating would aim to encourage the productive use of vacant premises, reduce long-term vacancies, support high streets and town centres, and better align the tax system with wider economic and regeneration objectives.

    “I would urge all businesses and organisations to respond to the consultation and share their views, helping to support growth while maintaining fairness within the rating system.”

    Notes to editors:

    1. You can submit your views on the consultation at: www.finance-ni.gov.uk/consultations/business-growth-accelerator-and-non-domestic-vacant-rating-ndvr-consultation. The consultation will close on 23 September 2026.

    2. Media enquiries should be addressed to the Department of Finance Press Office on Telephone: 028 9081 6724 or email: dof.pressoffice@finance-ni.gov.uk.

    3. The Executive Information Service operates an out of hours service for media enquiries only between 1800hrs and 0800hrs Monday to Friday and at weekends and public holidays. The duty press officer can be contacted on 028 9037 8110.

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