On Thursday 11 February 2016 we struck the district rate at below the rate of inflation and below the predicted 1% rise.
The district rate increase was 0.98%, representing a domestic rate of 0.3999 pence in the pound and a non-domestic rate of 27.9666 pence for 2016/17.
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How Rates are Calculated: (How to calculate your domestic rates bill)
Your Domestic Rates bill is made up of two elements: Regional and District Rates. Your rates bill is based on the capital value of your property.
The Regional Rate set by Central Government which accounts for approximately 50% of your bill and the District Rate which is set by us and accounts for the remaining 50% of your bill. The regional rates are struck by the Department of Finance and Personnel as a contribution towards services provided by the devolved Government Departments and is the same throughout Northern Ireland.
Further guidance on how your rates bill is calculated is available on the NIDirect website.
For further information please contact:
Land and Property Services Rate Collection
T: 0300 200 7801