Rate Valuation Update for Kildare
County Kildare Chamber are organising an urgent meeting with Minister Simon Coveney TD and his department to discuss the valuation update for Kildare. Allan Shine, CEO of the Chamber said, “ Our members are reporting huge increases in rates with this new valuation system. In some cases the rate levy will be higher that the rent on properties. This is unacceptable and we have members throughout the county who have informed our offices that they are now facing increases in excess of 300%.
The Valuation Office is currently engaged in a national programme to revalue all commercial and industrial properties in Ireland. The purpose of this National Revaluation programme is to reflect modern rental values in the valuation system used by all local authorities as the basis for commercial rates. This will take account of changes and movements in property values over time and the programme will bring more uniformity and transparency into the local authority rating system.
This week, businesses in Kildare received their rates valuation for 2018. The valuation of the business is NOT the rate levy of the business. This is the valuation of the property ( Net Annual Value).
The businesses rate liability for 2018 and subsequent years will be calculated by multiplying the valuation of the property by the Annual rate on Valuation (ARV). This figure will be set by Kildare County Council in its budgetary meeting towards the end of 2017. The indicative ARV for Kildare is .24
County Kildare Chamber hosted a Rate Valuation meeting on Thursday 9th March with the Head of the Valuation Office, Declan Lavelle and his powerpoint presentation explaining this new system is available by contacting Jennifer on email@example.com
Walk in Clinics
Date: Tuesday, 28th March 2017 and Wednesday, 29th March 2017
Location: Board Room, Level 7, Kildare County Council, Áras Chill Dara, Devoy Park, Naas
Time: 9:30 am to 4:30 pm
Contact the Chamber office on 045 894074 for any query you may have on your Valuation Certificate