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Rates

Antrim and Newtownabbey has the lowest overall average rates increase of all NI Councils since 2015.


Rates Information 2020

Antrim and Newtownabbey Borough Council has maintained its record of the lowest rates increase across Northern Ireland since the Council mergers in 2015.

The Council’s continued commitment to supporting businesses within our Borough has resulted in a reduction in the business rate this year of 3.54%.

There has been a small increase on the residential rate of just 1.99%. This is less than the current rate of inflation of 2.2%* and is equivalent to an extra 15p per week on an average residential property.
Keeping the rates low hasn’t been without its challenges given the inflationary pressures we are facing with salaries, energy and waste disposal.

Savings of £6M are planned over the next ten years with changes in the delivery of our waste collection. However, overall costs have unavoidably increased by £1.5M mainly due to salary costs of £560K, energy costs of £140K and waste disposal costs of £800K.

The changes in waste collection will realise a saving of £500K and this has allowed the Council to absorb some of the unavoidable increases.

Across the Borough, we have attracted significant investment by granting planning permission for a number of large projects over the last 12 months with an estimated value in excess of £25M.   We also continue to invest in our considerable assets through an ongoing Capital Investment Programme.

Mayor of Antrim and Newtownabbey, Alderman John Smyth commented,
 

“Careful financial planning will allow us to invest in projects to support the businesses in our Borough and focus on job creation through partnership opportunities such as Belfast Region City Deal”.


  • District Rate
  • Regional Rate
  • Domestic Rate
  • Business Rate
  • Revaluation of Non-Domestic Rates

 

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