Updated: Sep 3, 2018
Causeway Chamber of Commerce supported by Causeway Coast and Glens Borough Council will host an event with senior officials from Land and Property Services to explain what the revaluation means for your business and why it is important that local businesses complete the revaluation form issued by LPS.
The event will take place
27th September at 8.30am
in Bann Gallery located in Causeway Coast and Glens Borough Council Coleraine.
LPS is carrying out this revaluation now to ensure that business rates stay up-to-date and reflect local economic changes by distributing rate liability fairly across all sectors in line with changes in rental values. The last Non-Domestic Revaluation was in 2015. Currently business rates are based on 2013 values. The new values, based on 2018 values, will be used to calculate future individual rate bills for businesses and organisations. Representatives from LPS will be available to provide advice and guidance on completing the revaluation form.
Anthony Newman, President of Causeway Chamber said, “Chamber are aware of the importance of rates to the local business community and supports the Rates Revaluation project. Chamber therefore encourages all businesses across the Causeway Coast and Glens Borough to assist the department in collating the information required and to attend the event to hear first hand what the revaluation process means for your business.”
LPS is reminding business ratepayers that time is running out to submit a Form of Return. Analysis of the evidence already collected has started, therefore business ratepayers are being urged to submit necessary information as soon as possible.
Businesses should have received a paper form by post, alternatively an online form is also available for most property types. Simply visit the Department of Finance website www.finance-ni.gov.uk/landing-pages/reval2020
For further details and to register your attendance please email email@example.com or telephone 028 7034 3111.