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Rate Payers In Offaly Face Revaluation Of Properties

Thursday, 2 March 2017

A REVALUATION of all rateable properties in Offaly is underway. Commercial rate payers in the county will receive a letter in the post in the coming days from the Valuation Office outlining details of the revaluation.

The press was excluded last week from a 90 minute discussion on the matter at the monthly meeting of Offaly County Council and cannot report on the details.

The current phase of the revaluation of commercial properties is taking place in ten counties including Offaly.

According to Minister Frances Fitzgerald, this is the first time since the 19th century that a revaluation of commercial properties has taken place.

The Minister said the revaluation is expected to be completed in September this year and become effective from 2018 onwards. It will then be extended to other counties.

She said: A key element of revaluation is to remove anomalies in the system.'

Furthermore she said...'it would be expected that small businesses in rural Ireland will see their rates liability decrease following a revaluation.'

Offaly County Council has confirmed that commercial rate payers will receive a letter in the post dated March 3rd from the Valuation Office.

The council said it is important that rate payers are aware that the proposed valuation that appears on this document is not their rates liability. It is a valuation that will be used to calculate future rates liability.

The local authority statement added that rate payers should log onto the Offaly County Council website where there will be a section that will show how to calculate the rates liability based on this new valuation. They can also phone 057 934 7408 where council staff will provide assistance.

'It is important that rate payers are aware that they have 40 calendar days from the date of the letter to appeal the valuation to the Valuation Office,' said the statement from the council.

It added: 'Rate payers are advised not to ignore this correspondence. It is important to calculate your liability based on the new valuation. If you are not in agreement you may appeal within the 40 days. Closing date for making an appeal to the Valuation Office is April 11th.'

'It is important to note that the valuation process will not increase the overall rates collected by Offaly County Council . . . it will reapportion the exiting total rates based on the new valuations,' added the statement.

 

 

 

 

 

 

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