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Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: If a decision is made, for instance, in December 2014, can a person then go through an appeals process if he or she wishes?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: I thank the officials.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: There is an ongoing dialogue.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Okay.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: That will be in March 2014.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Will they come out simultaneously or piecemeal?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: What will be the earliest time they will issue?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Of next year.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: March 2014.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Do the witnesses understand my point? I am trying to ascertain whether there are measures such as changes in legislation, procedures or whatever that would give the Valuation Office latitude to factor in the point that these businesses-----

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: If the Valuation Office gets details about a property being sold from, for example, the Revenue website, what typically is the rental return factored in by the office? Is it 8%? Obviously, it will take into account a number of factors to come up with what is a rental value but typically, what does the office regard as being the return? From my recollection, the traditional, historical...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Okay.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Okay. As it stands at present, the Valuation Office has no latitude to take into account non-valuation factors in the valuation.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Effectively, the Valuation Office is constrained by legislation.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: I am looking at this issue purely as a representative-----

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: -----with businesses under enormous pressure. I do not think Mr. O'Sullivan can even imagine it. I refer to family businesses which have been in operation for years through various generations that have stuck with the heart of the city. We must find some way to facilitate them. I take on board the point that it really is about engagement with the Valuation Office.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: Has the Valuation Office engaged with Limerick Chamber?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: My worry in respect of the process is one will find that small businesses will decide they have had enough. They could be employing two or three people-----

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: -----and therefore, I think it is about engagement. On a final technical point, I note the Valuation (Amendment) (No. 2) Bill 2012 will introduce self-assessment like the tax system and I wish to understand that system. How often will people be obliged to send in a return? Will it apply every five years? The witnesses should walk me through the process. As the appeal system will be...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office
(18 Jul 2013)

Kieran O'Donnell: The witnesses should provide an example of how this would operate in practice.

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