2023 No. 1
The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 2023
Made
Coming into operation
Citation and commencement1
These Regulations may be cited as The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 2023 and shall come into operation on 1st February 2023.
Making and levying of different rates
2
In respect of the year ending on 31st March 2024 and each subsequent year, different regional and district rates may be made and levied on—
a
the rateable net annual values of hereditaments; and
b
the rateable capital values of hereditaments.
3
In making district rates in accordance with regulation 2, a district council shall take into consideration the formula laid out in the Schedule.
Revocation and savings4
1
Subject to paragraphs (2) to (8), The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 20223 (“the 2022 Regulations”) are revoked.
2
The Rates (Making and Levying of Different Rates) (No.2) Regulations (Northern Ireland) 19974 shall continue to apply in respect of the year ending on 31st March 2003 and earlier years.
3
The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 20025 shall continue to apply in respect of the four year period ending on 31st March 2007.
4
The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 20066 shall continue to apply in respect of the eight year period ending on 31st March 2015.
5
The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 20157 shall continue to apply in respect of the five year period ending on 31st March 2020.
6
The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 20208 shall continue to apply in respect of the one year period ending on 31st March 2021.
7
The Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 20219 shall continue to apply in respect of the year ending on 31st March 2022.
8
The 2022 Regulations shall continue to apply in respect of the one year period ending on 31st March 2023.
Sealed with the Official Seal of the Department of Finance on 5th January 2023.
SCHEDULEFormula
1
In respect of the year ending on 31st March 2024 and each subsequent year, in making the district rates referred to in regulation 2, a district council shall consider whether to make a capital value district rate in accordance with the formula—
where—
A is the capital value district rate;
B is the net annual value district rate; and
C is the conversion factor for that council as set out in Table 1.
2
In paragraph 1—
“capital value district rate”, in relation to a district council, means a district rate made by that council on the rateable capital values of hereditaments in the district;
“net annual value district rate”, in relation to a district council, means a district rate made by that council on the rateable net annual values of hereditaments in the district.
Table 1Conversion factors for district councilsCouncil
Conversion factor
Antrim and Newtownabbey
0.014881
Ards and North Down
0.014707
Armagh City, Banbridge and Craigavon
0.016925
Belfast
0.013119
Causeway Coast and Glens
0.016128
Derry City and Strabane
0.016084
Fermanagh and Omagh
0.016516
Lisburn and Castlereagh
0.014235
Mid and East Antrim
0.013853
Mid Ulster
0.014781
Newry, Mourne and Down
0.016107
(This note is not part of the Regulations)