<\/p>\n
Rates are levies payable on properties which have been described by the Commissioner of Valuations as list rateable.<\/p>\n
The Elected Members of the Council determine the \u2018Annual Rate on Valuation\u2019 at the Budget Meeting each year. The Annual Rate on Valuation is determined by reference to the total shortfall in Council income, divided by the cumulative total of all valuations of rateable premises in the County (known as the Net Effective Valuation). Monaghan County Council expenditure is part-funded by government grants and income from goods and services. The shortfall between expenditure and income is funded from Commercial Rates.<\/p>\n
The Annual Rate on Valuation for Monaghan County Council for the service year ending 31st December 2025 is \u20ac0.2518<\/strong><\/p>\n Rates are used to fund various services such as Housing, Roads, Environmental Services and Recreation & Amenity.<\/p>\n <\/p>\n With effect from 1st<\/sup> January 2023 vacant commercial properties in County Monaghan will be subject to a charge equivalent to 20% of the rates liability of the property. In previous years, a 100% refund or write off was applied to these properties.<\/p>\n How will this affect you? For example, If you have a rates bill for \u20ac1,000 you will be liable to pay \u20ac200 in respect of commercial rates on this property.<\/p>\n In order to qualify for a vacancy refund a property must be :<\/p>\n In order for rates refund to be considered, documentation in support of the reasons for your vacancy must<\/strong> be submitted including:<\/p>\n Your property will be subject to periodic on the spot inspections. Access to your property must be provided on request. If the property is found to be in use on inspection, rates must be paid in full.<\/p>\n For further clarification please contact the relevant Staff Officer.\u00a0 Contact details are available on your Rate Demand Note.<\/p>\n <\/p>\n This is covered under Section 12 & 14 of the Local Government (Rates and other Matters) Act 2019 \u00a0\u2013<\/p>\nDo I still pay Rates if my property is vacant?<\/h3>\n
\n
\n
\n
Is there interest charged on arrears on Rate accounts?<\/h3>\n