The Housing Minister has given the go-ahead to defer the revaluation of Donegal County Council’s rateable properties until 2023.
Other deferrals include Clare, Dún Laoghaire-Rathdown, Galway, Kerry and Mayo County Councils.
New valuations arising from the revaluation of these local authorities will now be finalised in October 2023 and become effective for rates purposes from 2024 onwards.
A spokesperson for the valuation office said the revaluations of these local authorities are part of an ongoing national programme.
This is to ensure that the rateable valuations of all commercial and industrial properties in Ireland are updated on a regular cycle so as to maintain relativity between individual ratepayers in the same local authority area.
“The purpose of revaluation is to bring increased transparency and equity to the local authority rating system,” the spokesperson said.
Neither residential property nor agricultural lands are rateable and consequently are not affected by revaluation.
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