Discount Rates

Discount Rates
NT

NT

DB

DB

WM

WM

SB

SB

Personal Injury - Multipliers Update

The Lord Chancellor has announced that the discount rate in England and Wales will move from -0.75% to -0.25% on 5 August 2019.

This rate will be reviewed at least every 5 years.

In the absence of an Assembly in Northern Ireland our rate remains at 2.5%.  A 1% discount rate is frequently used in settlement discussions here and using a -0.25% rate rather than 1% will produce significantly higher figures in cases with sizeable ongoing loss.

For more information please contact Dearbhail Beatty, Nora Tallon, Wendy McGrath or Shree Burns.

https://www.harbinson-mulholland.com/meet-the-team/forensic-accounting

Back To News

Get in contact with us

I am in need of

advice.