National Revaluation Programme
The Valuation office has been conducting a national project to revalue all business properties in the state for rates purposes. The revaluation for county Louth has been completed and Valuation Certificates have issued. A new Valuation List was published on 17th September 2019. The new list took effect from 01/01/2020 and subsequent years.
Annual Rate of Valuation (ARV)
The ARV is set by the Local Authority at their annual budget meeting and the ARV for 2020 is as follows:
- Dundalk: 0.231
- Drogheda: 0.237
- County: 0.200
Therefore, in order to calculate your rates liability for 2020 you should multiply the Valuation by the ARV applicable to your area (as above).
Example: Valuation €10,000
ARV: 0.200 (county area)
Rates for 2020: €10,000 x 0.200 = €2,000.00
If a ratepayer was dissatisfied with the valuation or any details contained in the Valuation Certificate, there was a right of appeal to the Valuation Tribunal. Appeals had to be made by 14th October 2019.
Further information is available from:
The Valuation Office by phone at 01 8171033 between 9.30am and 5.30pm Monday to Friday or by Email: firstname.lastname@example.org
Revaluation 2019 Project
The Valuation Office is the State property valuation agency responsible for the valuation of all commercial property for the purposes of the levying of commercial rates by local authorities.
Commercial rates are an annual charge on commercial property to pay for the general provision of services of local authorities. Commercial rates are payable on commercial, industrial and some other non-domestic properties. Local authorities calculate commercial rates liabilities on the basis of valuations provided to them by the Valuation Office.
The Valuation Office is now, as part of the ongoing national revaluation programme, commencing the revaluation of all rateable properties in your local authority area.
Following revaluation, the new valuations in your local authority will be based on rental values at the valuation date of 15th September 2017 and will be used as the basis for levying rates from 2020 onwards. The valuation of a property is multiplied by what is known as the “Annual Rate on Valuation” (ARV) to give the amount of commercial rates payable per annum.
Signed Valuation Order
The Commissioner of Valuation has signed a Valuation Order for the Louth County Council area and the revaluation of all commercial and industrial properties for rates purposes in that local authority area has now commenced.
The revaluation will take account of rental values in your local authority area and will result in a more equitable distribution of commercial rates among ratepayers. The revaluation will not increase the total rates revenue raised by Louth County Council
A Valuation Manager will assess the value of your commercial property and set a valuation in line with rental values in your area at the valuation date of 15th September 2017, and you will receive an information pack in the post.
The new valuations will be published on the 17th September 2019 and come into effect for rating purposes from 1st January 2020 onwards.
The Valuation Order for Louth County Council Rating Authority Area, has been signed by John O’Sullivan, Commissioner of Valuation on the 6th October, 2017.
Further information is available on the Valuation Office website www.valoff.ie
Valuation Order - Louth County Council.pdf (size 59.8 KB)
Explanatory Guide for Commercial Ratepayers.pdf (size 234.9 KB)
Click here for Frequently Asked Questions from the Valuation Office - FAQ
Expanatory Letter- Issued by Valuation Office Sept 2019.pdf (size 187.2 KB)
Sample of Valuation Certificate - Sept 2019.pdf (size 178.7 KB)