Business Rates

Ireland's leading Rating Consultants, with over 50 years’ experience in this highly specialised area, we have successfully taken numerous test cases on behalf of our Clients, challenging previously accepted principles, and thereby securing significant savings in all sectors of business and industry.

We have extensive experience in dealing with all types of properties – offices, retail, industrial, nursing homes, licensed & leisure, hotels, networks and utilities, airports, quarries, hospitals, stadia and racecourses.

Commercial Rates or Business Rates have become a very substantial and increasingly complex tax on the owners and occupiers of commercial property and requires active management. The core objective of our specialist rating department is to ensure that our client’s rates liability is kept to an absolute minimum.

 

Key Services

  • Revaluation
  • Revision
  • Global Valuations
  • Valuation Office Representations and Negotiations
  • Valuation Tribunal Appeals
  • Vacancy Relief Applications
  • Rates Exemptions
  • Budget Forecasting

It is essential that ratepayers ensure that their Rateable Valuations are fair and equitable and seek specialist advice to ensure that their interests are full protected. Also, strict timeframes and deadlines must be adhered to as part of the appeal process so early advice is recommended.

We would be happy to explain in further detail should you wish to contact us.

Rates Waiver - Covid 19

As you may be aware, the Government previously announced (1 May 2020) a programme to waive commercial rates for a three-month period for businesses that have been forced to close for public health requirements. On Thursday 23rd July, 2020 the Government agreed an extension of this programme to support both the local government sector and the ratepayers impacted by the Covid-19 emergency.

In accordance with the Government announcement, a six-month credit in lieu of rates will apply to all ratepayers for the period 27 March to 27 September 2020, with a limited number of exceptions. It is our understanding from liaising with various local authorities that the categories for exceptions are the below. We understand that these exemptions derive from guidance issued from the Department but we would suggest that you double check with your relevant County Council.

  • Public Service
  • Global Utility Networks on the Central Valuation List
  • Vacant Properties
  • Individual Office Premises with an annual rates bill of €100k or greater in 2020*
  • Individual Industrial Premises with an annual rates bill of €100k or greater in 2020*
  • Supermarkets greater than 500M2 (Categories Supermarket 2 and Supermarket 3)
  • Data Centres
  • Incinerator, Generating Stations
  • Landfill Sites
  • Network (Cable)
  • Network (Storm Water)
  • Network (Water)
  • Windfarms
  • Generating Stations
  • Banks
  • Building Societies
  • Pharmaceutical Manufacturing
  • Computer/Technology/Electronic Manufacturing
  • Premises contracted to provide services related to the COVID19 pandemic to/on behalf of the State, where the State is already compensating for rates and part of the contract between the occupier or service provider and the State.

Approximately €600M has been reserved for the rates waiver excluding the above, but €40M has been ringfenced for businesses in the excepted categories above, which can prove to the Local Authority that they have in fact been severely impacted by the pandemic. This will be on a case by case basis at the discretion of the Council.

*Individual premises refers to all property valued under a single property number.

2021 Revaluations

(Dun Laoghaire Rathdown, Kerry, Clare, Donegal, Galway City, Galway County & Mayo)

Update: The Dun Laoghaire Rathdown Revaluation was due to be carried out in 2020 but has now been postponed until 2021.

The Revaluation is intended to bring more equity, fairness and transparency into the local authority rating system by creating a much closer and uniform relationship between modern rental values and commercial rates payable.

The Revaluation exercise is a redistribution of the overall rates burden so there will be increases as well as reduction incurred by individual occupiers.

The following schedule outlines the various relevant dates for the upcoming Revaluations:

Valuation Date: 16th September 2019
Proposed Valuation Certificates Issue Date: Q1 2021
Final Valuation List Publication Date: 15th September 2021
Effective Rates Date: 29th October 2021

Proposed Valuation Certificates are sent to occupiers prior to the effective date which gives the occupier time to review the proposed valuation and if necessary, the opportunity to contest the valuation by submitting Representations within a 40-day period of the certificate issuing. Following receipt of Representations, the Valuation Office will review the valuations before issuing the Final Valuation Certificates. The valuation in this certificate forms the basis of the future rates liability.

An opportunity to appeal is still available following the publication of the new valuation list, if the occupier remains dissatisfied, by way of an appeal to the Valuation Tribunal.

Should you require any further information in respect of the Revaluation process, GVA Donal O Buachalla, as long-established rating advisers, would be delighted to assist you.

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Business Rates Contacts