NI Reval2026 | Revaluation of business rates

News

Businesses are urged to review draft property values online

On Thursday 29 January 2026, the Finance Minister John O'Dowd announced a pause of the Reval 2026 process. This page will be updated when the next steps are confirmed.

The Department of Finance is undergoing an exercise, called NI Reval2026, which will revalue non-domestic rates that will help to inform rate bills from April 2026.

Land & Property Services (LPS) has now released the draft schedule of values for non-domestic properties in Northern Ireland. Please check for draft values at draft valuation online.

The integrated mapping and valuation platform makes it easy for ratepayers to review their draft property value, check neighbouring properties and other properties in the same sector. The inbuilt contact form will direct ratepayers to someone responsible for either the geographical area or the sector of their property. LPS aims to answer all queries within three working days.

What is the purpose of NI Reval2026?

The information gathered from businesses through the rent and lease questionnaire as part of the NI Reval2026 exercise will contribute to the creation of a new non-domestic valuation list which will be used for the calculation of business rates from April 2026.

It is necessary to periodically revalue all non-domestic properties. The last revaluation took place in 2023 using 1 October 2021 rental values. NI Reval2026 will be based on an estimate of rental values on 1 April 2024.

Find further NI Reval2026 information.

First published 9 April 2024