Property owners of vacant commercial buildings in Kerry are facing huge additional costs imposed by the Government
Property owners of vacant commercial buildings are facing huge additional cost imposed by the Government. New government legislation being proposed by Government will mean that any commercial premises in Kerry which is currently vacant will be levied with a bill of 50% of the full rates payable.
Currently the situation is that all commercial properties in Kerry do not pay commercial rates if they are vacant. The legislation will come into effect in 2014. Pending Local Government legislation refers to changing the current process of waving commercial rates on business properties that are vacant. This new proposal is referred to in “Part 5, section 31” of the pending legislation. Senator Daly commented “This is huge, not just for a county like Kerry but for every county.
It will now mean that Local Authorities will start charging the owners of vacant business properties 50% of the commercial rate they would pay if trading. In this economic climate it will crush towns and villages leading to in some cases buildings being demolished”.
I am calling on the government to remove this from the proposed legislation.