Louthand Meath commercial properties re valued

COMMERCIAL and industrial properties in Louth and Meath are amongst the latest properties in County Council rating authority areas to be revalued under the National Revaluation Programme.

Revaluation will improve equity, uniformity and transparency in local authority rating system and this is an important milestone in the revaluation of all non-domestic property in Ireland which is currently underway through a programme known as the National Revaluation Programme.

Provision for a revaluation of all non-domestic property in Ireland was made under the Valuation Act of 2001 as amended by the Valuation (Amendment) Act 2015. Neither residential property nor agricultural lands are rateable and consequently will not be affected by the revaluation.

Valuations have been arrived at by reference to relevant market rental information at the specified valuation date of 15th September 2017.

If a ratepayer accepts that the valuation set out in the Valuation Certificate is correct, they do not need to do anything further. If a ratepayer is dissatisfied, he or she can appeal to the independent Valuation Tribunal on or before 14th October 2019.

The Office has a dedicated Customer Support team to deal with revaluation queries by email at Reval2019@valoff.ie, or by telephone at 01 8171033 between 9:30 am and 5:30 pm from Monday to Friday, excluding public holidays.

New valuations become effective for rates purposes on January 1st 2020.