1st March 2021
In line with the recent Government announcement, a three-month waiver will apply to eligible businesses and will be applied to rates accounts in the form of a credit in lieu of rates.
The value of the waiver is equivalent to quarter of the annual rates bill for 2021 and the scheme is open to businesses closed by, or badly impacted by Level 5 restrictions, subject to a maximum value of €160 million.
The following business categories are eligible for the new rates waiver scheme:
What’s going to happen next:
Cork City Council will issue Rate Bills for 2021 commencing in March 2021. Rate payers are advised that these bills will not include the recently announced Covid-19 rates waiver but that rate payers that are eligible for the waiver will get a statement showing their reduced liability in April/May 2021.
Rate payers that are deemed not to qualify for the waiver will receive notification of same and details of Cork City Council’s appeals process. Rates Account holders who appealed successfully will be issued a statement showing their rates liability in April/May 2021.
Cork City Council Head of Finance, John Hallahan said, “Cork City Council is acutely aware of the challenges faced by businesses, large and small throughout the city and county. We will continue to work with our rate payers on a case by case basis and are asking businesses to contact us. Our Strategic Planning & Economic Development Directorate and Local Enterprise Office also want business owners to know that there are supports in place to further help them with the challenges they face because of the coronavirus.”
Cork City Local Enterprise Office offers a number of supports to businesses to address the challenges posed by Covid-19, such as:
For further queries on these supports, contact Cork City Local Enterprise Office on 021-4961828 or at info@leo.corkcity.ie
For queries on the rates waiver scheme, contact rates@corkcity.ie or phone 021-4924484.
