Commercial Rates

Avison Young, formerly O’ Buachallas, is Ireland’s leading rating consultancy firm, established over 60 years ago, with the core objective of ensuring that our clients’ rates liability is kept to a minimum. Since our establishment in 1954, we have successfully secured significant savings via negotiation with Tailte Éireann or on determination from the Valuation Tribunal and higher courts.

We have extensive experience in dealing with all types of relevant rateable property – offices, retail, industrial, licensed, leisure, hospitality, health, pharmaceutical, utilities, infrastructure and energy assets.

Cork Rates Revaluation

Tailte Éireann, formerly the Valuation Office, are currently undertaking the revaluation of all commercial properties in Cork City and Cork County Council areas.

This revaluation exercise 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. It is a revenue neutral exercise for the local authority providing for the redistribution of the overall rates burden.

However, this means that whilst some ratepayers will experience a welcome reduction in their liability, others will experience increases, some of which can be significant and unexpected.

We are here to advise you throughout this lengthy process from assisting with completing requests for information, providing estimates for budgets and ultimately advising on whether your new proposed rates are reasonable and what options are available to challenge them, as necessary. See timeline below:

Timeline

DATE	STAGE
30TH JUNE 2025	The relevant valuation date by which all new valuations will be assessed
23RD JULY 2025	Valuation Order published to initiate the Cork revaluation and Market Information Forms (MIFs) issued to all ratepayers
19TH AUG 2025	MIFs issued under S45 & S46 of the Valuation Act to be completed and returned to Táilte Éireann (TÉ) i.e. 28-day deadline
2026	TÉ will analyse all market data received and prepare valuations
Q1 2027	Proposed Valuation Certificates (PVCs) will issue to all Cork ratepayers indicating the valuations intended to be issued. Representations may be submitted at this stage to address or challenge any aspect of these valuations within a 40-day timeframe
22ND SEPT 2027	Final Valuation Certificates (FVCs) will issue in line with a new published Valuation List for Cork City & County. Ratepayers will have 28 days to submit an appeal to the Valuation Tribunal if they remain dissatisfied
19TH OCT 2027	Deadline for Valuation Tribunal appeals
DEC 2027	The Annual Rate on Valuation (ARV) for Cork City and County will be determined by the local authorities, confirming each ratepayer’s new liability
1ST JAN 2028	Cork ratepayers will be charged rates based on their new liability following revaluation.

Contact us today on 01 6762711 or email us at [email protected] to find out how we can assist you in mitigating your rates liability.

What can we offer?

We specialise in navigating the complexities of business rates, offering tailored business rates advice and support to ensure you're not overpaying. From rate reviews and appeals to vacancy relief applications, we'll handle the heavy lifting, so you can focus on growing your business.

Appealing & challenging your rateable value

Challenging and appealing an incorrect rating valuation can be complex and time-sensitive. Our expert valuers, with extensive experience across all of Ireland, both ROI and NI, use a clear strategy to simplify the process. Our specialists are routinely called upon to advise on some of the country’s most high-profile clients and commercial property assets. The same degree of rigour and professionalism is applied to every action we undertake.

Business rates relief & exemption

Navigating the complex array of reliefs and exemptions available for business rates can significantly reduce your liability. With local variations in how these are applied, our deep understanding of local policies gives us a competitive edge.

Global valuations

We are market leaders in advising on global/cumolo valuations, having advised the majority of public utility operators in Ireland. This is a complicated and niche area, which our specialists have extensive knowledge and expertise in.

Portfolio strategy and budgeting

Managing business rates for large portfolios can be time consuming and onerous. Our specialists can review your portfolio and advise you of any potential rates mitigation strategies and liaise with your finance team in budgeting for future rates costs, aided by our knowledge of the upcoming revaluation timelines and assumptions on ARVs.