Commercial Rates

As of 1st January 2024, Section 32 of the 2014 Local Government Reform Act has been repealed and effectively replaced by Section 11 of the 2019 Act, and now imposes a duty on the “person concerned” to give written notice to the Rating Authority within 10 working days as to any change in their status.

 

  • “a person concerned” is a person who either
  1. a) ceases to be a “liable person” in respect of relevant property
  2. b) becomes a “liable person”
  3. c) changes their status as a “liable person” in respect of a relevant property

 

If a person, without “reasonable excuse”, fails to provide such notification to the Rating Authority, they may be guilty of an offence and liable to a €5,000 fine.

Vacant Homes Tax

If you own a residential property, and it was in use as a dwelling for less than 30 days in the 12 month chargeable period from 1st November 2022 to 31st October 2023, you may be liable for Vacant Homes Tax. The rate of Vacant Homes Tax for a property for the 2022 / 2023 chargeable period was 3 times the basic rate of Local Property Tax.   This is payable in addition to Local Property Tax. It was increased to 5 times the basic rate of Local Property Tax in Budget 2024.

Further details below:

https://www.revenue.ie/en/property/vacant-homes-tax/index.aspx