Paudie Coffey (Waterford, Fine Gael) | Oireachtas source

The Valuation Office is currently undertaking a revaluation of commercial and industrial properties around the country. At present Waterford city and county are undergoing revaluations. The results of the revaluation are causing real and serious concerns especially among the retail sector in Waterford city, Dungarvan and the county towns. Retail businesses are already struggling and they are seeing their rates valuation rise from between 100% and 300%. It could not happen at a worse possible time.

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