Revaluation 2023 is a national programme being rolled out by the Valuation Division of Tailte Éireann (formerly The Valuation Office) aimed at ensuring that the rateable valuation of all commercial and industrial property in Ireland reflects the current business environment.
After revaluation there will be a closer and more uniform relationship between the annual rental values of commercial properties and their commercial rates liability.
The Valuation Division of Tailte Éireann is responsible for Reval 2023. Tailte Éireann replaced The Valuation Division in 2023 and is Ireland’s State property valuation organisation. The Valuation Division provides ratepayers and local authorities with accurate, up-to-date valuations of commercial and industrial properties. Local authorities calculate commercial rates based on the valuations provided by the Valuation Division.
On 2nd September 2022, the Commissioner of Valuation, with the consent of the Minister for Housing, Local Government and Heritage, revoked existing Valuation Orders for the revaluation of commerical and industrial properties in Clare, Donegal, Dún Laoighre-Rathdown, Galway, Kerry and Mayo County Council and Galway City County rating authority areas.
Following the completion of a statutory consultation process the Commissioner of Valuation, the Minister for Housing, Local Government and Heritage and the relevant local authorities, the Commissioner has made new valuation orders for these rating authority areas.
On 23rd September 2022, Proposed Valuation Certificates were issued to approximately 90% of Clare County Council ratepayers.
The remaining Proposed Valuation Certificates were issued in tranches between 23rd February and 25th May 2023.
The revaluation of all commercial and industrial properties in the rating authority of Clare has now reached the final stage where Final Valuation Certificates will be issued on 15th September 2023 and will take effect from 1st January 2024.
A sample of the Valuation Certificate, Explanatory Letter and Information Leaflet which will be issued to all relevant rateable properties is attached below.
The valuation on these Certificates is not the customer's rates liability. The commercial rates payable in any year are calculated by multiplying the Valuation of the property (set by the Valuation Division) by the Annual Rate on Valuation (ARV) (set by the Local Authority). The ARV will be set by the Elected Members in the Budget Meeting in November 2023.
Rates Bill = Proposed Valuation x Indicative ARV
From 1st January 2024, the indicative ARV for Clare is 0.25.
Indicative Rates Calculator for County Clare can be accessed at the Valuation Division.
An example of this calculation is set out as follows:
New Annual Value (NAV) after revaluation = €20,000 x Indicative ARV (0.25) = Rates liability from 1st January 2024 of €5,000.
The walk-in clinics will provide rateable occupiers the opportunity to discuss their valuation with valuers from Tailte Éireann's valuation team. The walk-in clinics will take place from 2nd to 6th October 2023 inclusive. Ratepayers must bring their Certificates with them to the walk-in clinics.
The walk-in clinics will take place on the following dates:
- Killaloe Municiapal District Office, Clare County Council, Scarriff, Co Clare V94 X25K 10am-4pm on Monday 2nd October 2023
- Temple Gate Hotal, Ennis, Co Clare V95 H0XK 10am-4pm on Tuesday 3rd October & Wednesday 4th October 2023
- Falls Hotel, Ennistymon, Co Clare V95 D2PC 10am-4pm on Thursday 5th October 2023
- Kilrush Golf Club, Kilrush, Co Clare V15 W025 10am-4pm on Friday 6th October 2023
If ratepapers are dissatisfied with any of the details provided in their Valuation Certificate, they have a right of appeal to the Valuation Tribunal, an independent body established to determine such appeals. The final date for appeals to the Valuation Tribunal is 19th October 2023 - see www.valuationtribunal.ie for full details. An appeal fee must be paid to the Valuation Tribunal with each appeal made.
Appeal Fee per Valuation of property:
- Not exceeding €20,000 - €95
- Exceeding €20,000 and not exceeding €50,000 - €125
- Exceeding €50,000 and not exceeding €250,000 - €300
- Exceeding €20,000 - €500
Tailte Éireann's Reval 2023 Support Team can be contacted at firstname.lastname@example.org
Phone: 01-5846753 Monday-Friday 9am-1pm & 2pm-5pm
The Valuation Division has a useful list of Frequently asked questions.
- Valuation Order was signed and the Valuation Division sent out Information Forms.
- The Valuation Division issued Section 45 Notices to certain categories of properties.
- The Valuation Division analysed information submitted.
- The Valuation Division issued Proposed Valuation Certificates (PVCs)
September - Final Valuation Certificates
- The Valuation Division issued Final Valuation Certificates to rated occupiers of commercial and industrial properties on 15th September 2023.
- The Final Valuation Certificate will be the basis for the commercial rates that will be levied on a property by the local authority from 2024 onwards.
- If ratepayers submitted representations against their proposed Certificate, the consideration of representation reports are now available on request from the Valuation Division.
Publication of Valuation Lists
The Valuation Division will publish the valuation lists on 22nd September 2023.
October - Walk-in Clinics
The walk-in clinics will take place from 2nd to 6th October 2023 inclusive. Ratepayers must bring their Certificates with them to the walk-in clinics.
Appeals to Valuation Tribunal
The final date for appeals to the Valuation Tribunal is 19th October 2023.
New valuations willl be the basis for commercial rates from 1st January 2024.
Block 2, Irish Life Centre
Abbey Street Lower,
The phone lines are open from 9:00 a.m. to 1:00 p.m. and 2:00 p.m. to 5:00 p.m. Monday to Friday (excluding public holidays). Futher information can be found on the website.
Page last reviewed: 21/09/23