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Commercial rates depressing retailing,closing shops and adding substantially to unemployment


patslatt

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Joined
Apr 11, 2007
Messages
13,693
Just heard a repeat of Newstalk discussion on commercial rates,an important issue given that retailing is about 70% of the economy. A rule of thumb one time was that rates were about 15% of commercial rents but they now are more than the rents as councils try to compensate for the loss of levies on new construction since the boom ended. Surprisingly,councils are still planning to increase levies by a whopping amount, maybe 70% in the next five years. A businessman interviewed on Newstalk advised businesses to make sure to appeal excessive rates quickly as unchallenged increases in rates would apply for 10 years.

Councils don't want to face the fact that the boom is over when they budget their expenses. That could explain Environment Minister Hogan's plan to restructure them to save on admin costs.

The effects of higher rates on retailing are dire in many areas,especially those competing with new shopping centres. Many small town streets have more boarded up shops than open shops. Even a substantial shopping area like Dun Laoire has a very high proportion of shuttered shops,according to the businessman on Newstalk. This is killing off jobs.

A sensible approach to setting rates by councils would be to keep as many businesses open as possible,instead of the councils' present tax gouging attitude. Maybe the national government should intervene and set limits on rates in relation to rents and property valuations,given that it stands to gain hugely from taxation collected on increased employment.
 

potholedogger

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Joined
Oct 17, 2012
Messages
1,238
Just heard a repeat of Newstalk discussion on commercial rates,an important issue given that retailing is about 70% of the economy. A rule of thumb one time was that rates were about 15% of commercial rents but they now are more than the rents as councils try to compensate for the loss of levies on new construction since the boom ended. Surprisingly,councils are still planning to increase levies by a whopping amount, maybe 70% in the next five years. A businessman interviewed on Newstalk advised businesses to make sure to appeal excessive rates quickly as unchallenged increases in rates would apply for 10 years.

Councils don't want to face the fact that the boom is over when they budget their expenses. That could explain Environment Minister Hogan's plan to restructure them to save on admin costs.

The effects of higher rates on retailing are dire in many areas,especially those competing with new shopping centres. Many small town streets have more boarded up shops than open shops. Even a substantial shopping area like Dun Laoire has a very high proportion of shuttered shops,according to the businessman on Newstalk. This is killing off jobs.

A sensible approach to setting rates by councils would be to keep as many businesses open as possible,instead of the councils' present price gouging attitude. Maybe the national government should intervene and set limits on rates in relation to rents and property valuations,given that it stands to gain hugely from taxation collected on increased employment.
Several Councils have reduced rates.

In some counties as many as 2/3 of businesses are not paying their water rates with as little as 50% paying rates.
Councils should shut the dodgers down!
 

Fides

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Apr 6, 2010
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4,442
Several Councils have reduced rates.

In some counties as many as 2/3 of businesses are not paying their water rates with as little as 50% paying rates.
Councils should shut the dodgers down!
Rates went up as rents went up. Rents have come down and rates should come down too. It is a major overhead and the businesses get diddly squat for it.
 

patslatt

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Joined
Apr 11, 2007
Messages
13,693
Several Councils have reduced rates.

In some counties as many as 2/3 of businesses are not paying their water rates with as little as 50% paying rates.
Councils should shut the dodgers down!
They aren't paying because most of them can't pay. We're in an economic DEPRESSION. If councils shut them down,unemployment would go up sharply.
 

patslatt

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Apr 11, 2007
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13,693
Rates went up as rents went up. Rents have come down and rates should come down too. It is a major overhead and the businesses get diddly squat for it.
Rates pay for services to the council communities,while businesses get the council benefits of roads,sewage and water. As an American prof asked,would you give up your flush toilet for all the inventions in the past ten years?
 

neiphin

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Aug 23, 2009
Messages
5,579
bang om 12 o'clock and you start another tread
get a fupping life

you need help
 

fuque

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Apr 7, 2011
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4,512
Several Councils have reduced rates.

In some counties as many as 2/3 of businesses are not paying their water rates with as little as 50% paying rates.
Councils should shut the dodgers down!
Are the councils paying rates?
 

fuque

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Apr 7, 2011
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4,512
Are the irish unique in the application of rates? I know little on the subject, but they seem very high to me?
 

hammer

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Just heard that many commercial rates in Dublin City Centre are to increase by 65% in 2014.

Are these valuers insane ?
 
Joined
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Just heard that many commercial rates in Dublin City Centre are to increase by 65% in 2014.

Are these valuers insane ?
Time to remove setting of rates from councils.

Leftie councillors see it as a good idea to screw anybody in business and commercial rates help them do that.
 

patslatt

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Apr 11, 2007
Messages
13,693
Just heard that many commercial rates in Dublin City Centre are to increase by 65% in 2014.

Are these valuers insane ?
BURGER KING SHUT ON GRAFTON STREET LAST WEEK

It was a busy restaurant. Did higher rates do it in?
 

McTell

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Oct 16, 2012
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6,073
Twitter
No
Just heard that many commercial rates in Dublin City Centre are to increase by 65% in 2014.

Are these valuers insane ?
Not really insane, they just have all their unfunded pension liabilities to think about.
 

seanmacc

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Joined
Jan 10, 2009
Messages
1,022
BURGER KING SHUT ON GRAFTON STREET LAST WEEK

It was a busy restaurant. Did higher rates do it in?
I'd say it was a combination of it coupled with upwards only rent on Grafton St., less people going out drinking and the general trend of people staying away from fast food.
Franchise restraunts also have the problem where they cannot increase their prices without the express permission form the international head office that fixes their pricing.
 

patslatt

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Apr 11, 2007
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13,693
Time to remove setting of rates from councils.

Leftie councillors see it as a good idea to screw anybody in business and commercial rates help them do that.
Thatcher's government set limits on rates to control the lefties who were looting businesses.
 

patslatt

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13,693
Not really insane, they just have all their unfunded pension liabilities to think about.
They should pay attention to diminishing returns on taxes as you can't get blood out of a stone in the depression.
 

Analyzer

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Feb 14, 2011
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46,201
BURGER KING SHUT ON GRAFTON STREET LAST WEEK

It was a busy restaurant. Did higher rates do it in?
Maybe they will set up as a chip van ?
 

Analyzer

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Feb 14, 2011
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46,201
Are the irish unique in the application of rates? I know little on the subject, but they seem very high to me?
It is also common in the US, where Irish American Democrat politicians are in charge. Calif., Mass., Illinois.
 
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