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Rates Bill must overhaul antiquated system - Ó Broin

23 May, 2017 - by Eoin Ó Broin TD

Rates Bill must overhaul antiquated system - Ó Broin

Sinn Féin spokesperson on Local Government Eoin Ó Broin TD has stated that the upcoming Commercial Rates Bill must overhaul an antiquated system that is “deeply unfair and no longer fit for purpose".

Deputy Ó Broin raised the matter directly with the Taoiseach this afternoon during promised legislation.

Speaking today, Deputy Ó Broin said:

“Rate revaluations are currently taking place in local authority areas across the State. This laborious process commenced in 2001 and is not due to be completed until 2020.

“As a result of this process, some small businesses have been hit with rate increases of between 50 and 100%. These are local businesses that weathered the recession and are just about to consider hiring new staff or restoring wage cuts suffered during that difficult time.

“Instead these businesses are being hit with large and unjustified rate increases. The truth is this current rates system is deeply unfair and it contains huge anomalies which is bad for workers, employers and the local economy.

"The valuation process is opaque and deeply unfair. The decisions at times defy logic. The time lapse between valuations is too long.

“The government must seize the opportunity of the upcoming Rates Bill to undertake a comprehensive overhaul of this antiquated system that clearly isn’t fit for purpose. They must bring forward a new system that provides local authorities with revenue security while ensuring fairness in the treatment of rate payers.”

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