Oireachtas Joint and Select Committees

Thursday, 27 June 2013

Public Accounts Committee

Business of Committee

10:00 am

Photo of John DeasyJohn Deasy (Waterford, Fine Gael) | Oireachtas source

There is a major issue among businesses in my constituency with regard to valuations being made by the Valuation Office. It is clear that many will go out of business. This is relevant to the work of this committee and the taxpayer because of the massive amounts of commercial rates being written off and the massive arrears in local authorities, which are going up. There is an association between what the Valuation Office is doing and how much money is effectively not being collected. Issues arise from the general administration of the Valuation Office and how it goes about its business. There is a loss to the taxpayer. We need to examine this because economic times have changed and some say it is not going to get better any time soon. We need to consider the effect the valuations being put on businesses and the ratings involved are having on business. Can we invite the representatives of the Valuation Office on that basis as soon as possible?

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