Ms Jackie Maguire:

On the valuations issue, we interact constantly with the Valuation Office. I suppose there is an antiquated method for valuations. A revaluation is taking place, predominantly within the Dublin region, and that will be spread out to all local authorities. There is a time element. The Valuation Office has examined other methods of performing that revaluation in other local authorities through self-declaration, and that is working its way through. Local authorities are conscious that the rate is a burden on businesses, but it is also a vital source of funding for local government and if they do not have it the services cannot be provided locally. Local authorities will take a pragmatic view, allowing businesses to enter into payment plans in respect of the rates. There is a balance between keeping the businesses open and allowing them a level of discretion while still collecting the local tax.