March 2023

Land & Property Services (LPS) has announced the publication of the new valuation list for non-domestic properties, which will come into effect on 1 April 2023. The valuation list will be used to calculate business rate bills that will be issued from the start of April 2023.

The Chancellor, Jeremy Hunt, delivered his Budget statement on Wednesday 15 March 2023. We have summarised the key points from the Spring Budget and specific issues affecting Northern Ireland businesses.

The Queen’s Award for Enterprise has been renamed following the Accession of King Charles III. The Awards will become The King’s Award for Enterprise.

Applications for the Back in Business scheme, which offers local businesses a 50% rates discount for up to two years, will close on 31 March 2023.