Attention: Dublin City Businesses
Commercial Rates Valuations in Dublin City are currently being reviewed by the Valuations Office. The Rateable Valuation of your property is one of the two factors in the calculation of your Rates charge, the other factor being the annual rate on valuation, which is a figure voted in by the elected city councillors as part of the annual Dublin City budget.
PLEASE NOTE: You may recently have been notified of the new Rateable Valuation of your property. The new Rateable Valuation of your property is NOT the annual charge for commercial rates which you will have to pay.
Your charge for commercial rates is calculated in the following way:
The ‘Rateable Valuation’ of your property
…multiplied by…
The ‘Annual Rate on Valuation’ (also referred to as ‘the multiplier’)
…equals…
Your Commercial Rates Charge.
You may already have received your Provisional Valuation Certificate from the Rates Valuation Office this month as part of this rates review. Your commercial rates liability may increase, decrease or remain unchanged. When the revaluation of the Dublin City Council area is complete, the Valuation Office will send you a proposed valuation certificate which will show the details and the valuation proposed for your property. You will also receive a form on which you may make representations if you are unhappy with anything contained in the proposed valuation certificate.
If you are unhappy with your re-evaluation, the deadline for making a representation to the Valuations Office is the date stated on your valuation cert (28 days from the date of the cert itself). Using your property number and PIN provided on your valuation certificate you can see how your proposed valuation has been calculated by visiting the www.valoff.ie and follow “Revaluation and Information Service” and “Dublin City Revaluation” links. You can also email revaldublininfo@valoff.ie or call 01 817 1001 between 9:30am and 5:30pm
Following consideration of your representations the Valuation Office will send you a final valuation certificate. This will be the basis for the commercial rates that will be levied on your property by the local authority in the future.
The second factor in calculating your rates charge is voted on by by city councillors. The Fine Gael group on Dublin City Council has consistently campaigned to reduce rates over the last three years in order to protect jobs and foster enterprise and small business. We are currently negotiating the 2013 budget and are seeking a further reduction in the multiplier.