Who decides the Rateable Valuation of a property?
It is the Commissioner of Valuation (or Valuation Office) who assesses the Rateable Valuation of a property. The Valuation Office is the state property valuation agency. Its core business is the valuation of property for commercial rates. The Valuation Office is completely independent of Local Authorities.
The Valuation Office determines whether or not a property should be rateable and, if rateable, the appropriate rateable valuation of the property.
The Valuation Office will ordinarily only (re)assess the rateability status or rateable valuation of a property on foot of an Application/Request for Revision of Valuation
Who can apply to have the valuation of a property revised or altered?
- The owner or occupier of any property.
- An interest holder of a property in relation to that property.
- The Local Authority.
- The Commissioner may also request revision.
All Applications/Requests for Revision of Valuation should be sent directly to the Commissioner of Valuation/Valuation Office
Is there a fee?
There is a fee of €250 per hereditament.
How does the valuation process work?
- The Commissioner appoints a Valuer to assess the property.
- Having assessed the property, the Valuer indicates to the occupier by way of draft valuation certificate or notice how he intends to determine the result. He also provides a representation form to the occupier.
- The occupier has a right to make representation within 28 days from the date of issue of the Documentation.
- Having considered any representations, the Valuer issues a valuation certificate to the occupier.
- He also notifies the Local Authority of his determination.
- The result is effective for rating and levy purposes notwithstanding any appeal.
In the case of new premises an Entry Year Property Levy is payable from the Effective Valuation Date on the Certificate to year-end. In the case of existing and improved premises the result is effective for rating purposes from the following rating year.
A Guide to the Valuation process is available from the Valuation Office’s Website - here
Can a valuation be appealed?
Yes. A dissatisfied party can appeal in the first instance to the Commissioner of Valuation. If dissatisfied with the result of the appeal there is a second right of appeal available to the Valuation Tribunal. There are statutory timeframes within which appeals must be lodged and Fees are payable in each instance. One can appeal further by way of case stated, on a point of law only, to the High Court and beyond.
A Guide to the Valuation Appeal process is available from the Valuation Tribunal’s Website – here . The Tribunal have also made a Frequently Asked Questions (FAQ’s) Guide available - here
Form for Appeal to Commissioner of Valuation.
Form for Appeal to Valuation Tribunal
Guide for completion of Form for Appeal to Valuation Tribunal
Where can I find the Rateable Valuation of my property?
The Rateable Valuation of your property is included on your rate bill.
The Rateable Valuation of your property (and of all other properties in the state) is also available on-line on the Valuation Office's Valuation List Search Facility.
