Rateable Valuations
Rates represent an onerous overhead for any business (one which has grown well ahead of inflation) and stem from a complex system which provides that only 8% of property occupiers pay the entire rates bill within the State. The core objective of our specialist rating department is to ensure that our clients’ rates liability is kept to an absolute minimum.
The Valuation Act, 2001 is the first comprehensive review of the rating valuation in 150 years, and came into force on the 2nd May 2002.
The new legislation introduces a number of fundamental changes to the system and undoubtedly impacts adversely on the rates burden in certain cases. It is, therefore, essential that ratepayers seek specialist advice to ensure that their interests are fully protected and an equitable assessment fixed.
As the leading Rating Consultants in Ireland, with over 50 years’ experience in this specialised area, we have successfully taken numerous test cases on behalf of clients, challenging previously accepted principles, and thereby securing significant savings in all sectors of business and industry.
