New legislation will alter the rating discounts available to landlords who pay rates in a lump sum.
Article 20 and 21 of the Rates (Northern Ireland) Order 1977 allow certain landlords to avail of a discount on their annual rates bill if all rates due on their rental properties are paid in a lump sum by the end of September each year. Landlords who wish to avail of these discounts have to create either an Article 20 or an Article 21 account with Land & Property Services.
