Causeway Coast and Glens Borough Council New Rates

Tue, February 09, 2016

Causeway Coast and Glens Borough Council New Rates

Causeway Coast and Glens Borough Council met on Thursday 4^th February 2016 to strike the rate for the new District for the year commencing 1 April 2016. The new rate factors as a result of this decision are as follows:

            Domestic                 0.3568

            Non-Domestic          24.4776

This represents a freeze in the district rate factors for Causeway Coast and Glens Borough Council when compared to last year.

Assuming the regional rate increase is set at 1.7% the following table sets out what the actual impact for a domestic rate payer in the council area will be in monetary terms in relation to a house with a rateable value of £200,000:

The table also shows the effect of the rates convergence discount applicable in the former Coleraine council area which is reducing from 80% last year to 60% this year.

In terms of non-domestic rates the following table shows examples of a property with an NAV of £20,000, this table also takes into account the rates convergence discounts applicable in the former Ballymoney, Coleraine and Limavady council areas which, as with domestic properties, is reducing from 80% to 60% this year.

ENDS