Commercial 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 

Following the publication of the Roadmap for Reopening Society and Business, the government has agreed, at a special Cabinet meeting, a suite of measures to further support small, medium and larger business that are negatively impacted by COVID-19.

Included within these measures are:

  • a €10,000 restart grant for micro and small businesses based on a rates/waiver rebate from 2019
  • a three month commercial rates waiver for impacted businesses
  • a commitment to local authorities to make up the rates shortfall, so that local authorities can continue provide full services to the public

Restart Grant

1.      What types of business can apply?
 
Eligible:
Subject to the qualifying criteria below, any business that has a commercially rateable premises can apply. 
Non eligible:
  • International chain stores, i.e. a business that is a non-financially independent branch of a group of chain stores which is owned and managed by a single entity.
  • Businesses such as office-based professional services that have continued to operate, including remotely, during the crisis.
  • Non-commercial organisations such as community and sporting premises
  • Businesses that do not operate from rateable premises (tradesmen, service providers, etc).
 
2.      What are the criteria for qualifying for the grant? 
  • a turnover of less than €5m
  • Have 50 or less employees.
  • suffered a projected 25%+ loss in revenue to 30th June  2020  

Please contact us for further information on how to avail of these grants/waivers.

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.

See also our FAQ's