Rates Revaluation

Important Dates
15th & 29th March; 10th May; 7th JuneValuation Office Issue Proposed Valuation Certificates
Sept/Oct 2019Final Certificates Issued
October 2019Valuation List Published
November 2019Final Dates for Appeals
1st January 2020Date on which new valuations take effect for rates purposes

The purpose of a revaluation is to bring more equity and transparency into the Local Authority rating system and to ensure that all ratepayers pay a fair share of the commercial rates to be raised. Following revaluation, there is a much closer and more uniform relationship between rental values of property and its commercial rates liability. The proposed valuation of each property has been arrived at by reference to relevant market rental information at the specified valuation date of 15th September 2017.

The Proposed Valuation Certificates state the valuation that the Valuation Office proposes entering for each property when the new valuation list is published on 17th September 2019. The valuations will be used to calculate the rates charged in 2020 and subsequent years. It is important to note that the proposed valuation entered on the Proposed Valuation Certificate is not a bill for rates but is a statement of the proposed valuation on which rates will be calculated from 1st January 2020.

An estimate of your rates liability for 2020 can be calculated as follows:

A. Take the value set out in the Proposed Valuation Certificate (Net Annual Value – NAV) received from the Valuation Office (e.g. €15,000)
B. Take the indicative Annual Rate on Valuation (ARV) for 2020 of 0.24
C. Multiply A x B giving your estimated rates liability for 2020 (e.g. €15,000 x 0.24 = €3,600)

Further information on revaluation is available on the Valuation Office website at www.valoff.ie.

Useful Contacts

Monaghan County Council’s Revenue Collector’s are available at the following contact no’s

NamePhone NumberMobile Number
Eilish Clarke047 73728
Eamon Duffy047 73739087 1837079
Stephen McGeough047 73735087 7176318
Philomena Carroll047 73782087 7988180

 

Related Documents

Valuation Order: Valuation Order (PDF)

Sample Revaluation Information FormMonaghan Sample PVC And Explanatory Letter (PDF)

Follow the link to see how the Reval affects you:

Proposed Valuation Certificates FAQ’s (PDF)