The Valuation Office is the State property valuation agency responsible for the valuation of all commercial property for the purposes of the levying of commercial rates by Local Authorities. Commercial rates are an annual charge on commercial property to pay for the general provision of services of Local Authorities. Commercial rates are payable on commercial, industrial and some other non-domestic properties. Local Authorities calculate commercial rates liabilities on the basis of valuations provided to them by the Valuation Office.
How are Commercial Rates calculated?
The ‘Rateable Valuation’ of your property multiplied bythe‘Annual Rate on Valuation (ARV)’ (also referred to as ‘the multiplier’) equals ‘Your AnnualCommercial Rates'.
Calculating your 2019 Rates Liability
Your rates liability for 2019 will be calculated by multiplying the Valuation of the property by the “Annual Rate on Valuation” (ARV). The valuation of the property is available on the Valuation Certificate issued by the Valuation Office in September, 2017. The Annual Rate on Valuation (ARV) was set by the Elected Members of Leitrim County Council at their Annual Budget meeting held on Monday 26th November, 2018. The ARV for 201 is .2103.
The following formula is used to calculate your indicative Rates Liability for 2019.
(Valuation of the property) x ARV = Rates Liability
Valuation of the Property: (€5,900)
€5,900 x .2103 = €1,240.77
In the example able the Rates Liability is €1,240.77.
NOTICE OF RATES HAVING BEEN MADE
Notice is hereby given that County Rates have been duly made on the property rateable thereto in County Leitrim. The Annual Rate on Valuation for the ordinary expenditure of Leitrim County Council for the service of the year commencing on 1st January, 2019 is .2103
Mr. Vincent Dwyer,
Head of Finance & Water Services,
Leitrim County Council.
28th February, 2019
Rate Demands will issue in the week commencing Monday 12th March, 2019. The '1st Moiety' is now due and the ‘2nd moiety’ will fall due after 1st July, 2019. If you wish to discuss your payment options please contact the Account Manager for Revenue Collection for your area as detailed below.
Eilish McGovern is the Account Manager for commercial rates Areas 1-3 as follows:
Area 1 (Manorhamilton/Kinlough/Kiltyclogher)
Area 2 (Dromahaire/Drumkeeran)
Area 3 (Drumshanbo/Ballinamore/Keshcarrigan)
Telephone: (071) 9620005, ext 351 or 087 2129666
Carmel Dohertyis the Rates Account Manager for Areas 4 & 5:
Area 4 (Carrick-on-Shannon, Leitrim, Drumsna, Dromod, Rooskey)
Area 5 (Mohill, Carrigallen, Newtowngore)
Telephone: (071) 9620005, ext 352 or (087) 2139327
Payment of Commercial Rates
Commercial Rates are payable in two ‘Moieties’ – the 1st Moiety equates to 50% of the Annual Demand and is due once the rate demand has issued. The 2nd Moiety falls due after the 1st July, 2019. Customers can avail of a number of payment options to discharge their commercial rates liability as follows:
1. At the Cash Desk, Aras an Chontae, Carrick-on-Shannon, Co. Leitrim
(Opening Hours Monday to Friday from 10 am to 4 pm.)
2. Posting your cheque, postal order, money order. Please ensure payments are made payable to "Leitrim County Council".
3. Credit/Debit card payments: Can be accepted over the phone - please ring (071) 9620005, Ext. 400
4. By Electronic Funds Transfer (EFT) to: Allied Irish Bank, Main Street, Carrick-on-Shannon, Co. Leitrim.
Sort Code: 93-70-61 Account No: 24328188 IBAN: IE81 AIBK 937061 24328188 BIC: AIBK IE2D
N.B - Please ensure that you include your Customer Account Number on all transactions.
Leitrim County Council promotes the use of Payment Plans for commercial rate customers. A payment plan can be put in place in order to discharge your annual rates liability over the financial year. You can choose to pay the regular instalments on a weekly/fortnightly/monthly basis directly from your Bank Account. If you wish to put a payment plan in place, please arrange to contact your Rates Account Manager.
Amendment to Vacancy Write Off Scheme 2019
The 2019 Budget provided for an amendment to the Vacancy Write Off Scheme, whereby Leitrim County Council will grant a maximum write off equivalent to 75% of commercial rates invoiced during 2019. In this regard, with effect from 1st January, 2019 vacant properties will no longer be eligible for a 100% Vacancy Write Off. The maximum Vacancy Write Off that can be considered (subject to the standard conditions of the scheme being in place) is 75% write off of the total Rate Demand for the property for 2019.
If you property is currently vacant and you wish to apply for the Vacancy Write Off - a copy of the application form is available to download here: Vacancy Write Off Application Form 2019 .pdf . Completed application forms together with all of the relevant supporting documentation should be returned to your Account Manager, Finance Department, Leitrim County Council.
Further information is also available on the Valuation Office website www.valoff.ie
Property valuations can also be checked online in the Valuation Office by accessing the following link:
If you have any queries relating to the valuation on your property you should contact the Valuation Office, Irish Life Centre, Abbey Street Lower, Dublin 1
Tel: +353 1 817 1000
Fax: +353 1 817 1180