Oireachtas Joint and Select Committees

Thursday, 25 January 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Okay. I am going to ask an obvious question now. Why does the Valuation Office not just get the data on rents? Why do we need revaluations if that is the general rule of thumb all over the country? Why not have valuations based on rents? I know the witnesses will probably refer to policy and legislation but why can a business paying €1,000 per week in rent not have a rates bill of €250? I am talking here about a self-assessment system. I am probably straying into policy here, which is not the responsibility of the witnesses.

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