Dáil debates
Tuesday, 8 May 2018
Other Questions
Commercial Rates Valuation Process
5:20 pm
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
This is a major issue. The dramatic increase in commercial rates is crippling SMEs across the country. Our small independent businesses are the backbone of the economy and we need to encourage SMEs to grow and expand in order to create jobs, especially in the regions. We must take urgent action on this issue. The Minister recently stated to me in the Dáil that the commercial rates Bill is currently being drafted. What is the status of this legislation, given we need to get it published as soon as possible?
Fianna Fáil previously introduced a Bill in the Dail proposing that the level of increase being levelled on an individual business be capped. We also proposed that any increase should be allowed to be staggered over a five-year period at the discretion of the local authority. This would mean an increase is limited and spread over time, rather than the current process involving a single increase. There is also a clear need for reform of the appeals mechanism for businesses to local authorities to restructure debt repayments on the basis of inability to pay. The Government should also consider offering a choice of direct debit payments rather than two tranches of payments in order to help businesses cope with cash flow issues. Turnover and square metreage should be considered. Will the Minister consider these proposals as the drafting of the commercial rates Bill continues within his Department?
No comments