Entry Year Property Levy

Entry Year Property Levy

What is the “entry year property levy”?

The entry year property levy is a charge which the Local Authority applies to all newly erected or newly constructed properties pending the levying of commercial rates. It has been introduced for the first time in 2007 under the Local Government (Business Improvement Districts) Act 2006, which was enacted on the 24th December 2006.

Is the charge additional to commercial rates?

No. It is only assessed until such time as the property becomes liable for commercial rates.

How is the charge calculated?

The charge is calculated by reference to:

  • Ratable valuation of the property as determined by the Commissioner of Valuation.
  • The annual rate on valuation as determined by the Council.
  • The date (entry date) the property is valued for rating purposes (i.e. entered in the valuation list).
  • The number of days from the effective valuation date to the end of the year.

Can you give me an example?

Say that a property is newly constructed and capable of occupation on 1st February 2008 and it is valued for rating purposes on 10th February 2008 with a ratable valuation of €100. The annual rate on valuation (a multiplier) determined by the Council at its annual Budget Meeting for 2008 is 56.76580

The bill for the relevant portion of the year would be calculated as per the following example:

R.V.annual rate x   no of days ÷ days in year = Assessment
€100 x    56.76580 x      325        ÷ 365          = €5,054.49

Who is liable for the charge?

According to the Act the “levypayer” is liable. The levypayer can be either:

The person who is in occupation of the property on the entry date i.e. the date the property is placed on the valuation list or If the property is vacant on the entry date, the owner.

If the property is unoccupied, is the charge payable?

Yes. Fifty per cent (50%) of the charge is payable by the owner if the property is unoccupied on the entry date. The following conditions apply in order to avail of this reduced rate (proofs required):

  • The owner was not occupying the property on the entry date.
  • No other person was entitled to occupy.
  • Attempts were being made to let the property at a reasonable rent.

When does the charge become payable?

The charge becomes payable in full 14 days after the bill is issued.

What happens if the levy remains unpaid in full after 14 days?

In the event that the levy remains unpaid in full after 14 days, Offaly County Council will have no alternative but to recover the bill as a contract debt.

Will the levy be recalculated if rateable valuation of the property for the levy year is amended on appeal?

Yes. The account will be recalculated using the amended rateable valuation for the property from the effective date. If the account was overpaid as a result of the initial assessment, a refund will be made to the levypayer. If the amendment results in an underpayment, the levypayer will be responsible for the amount owing.

How can I arrange payment?

Payment can be made by any of the following methods:

  • By Cheque, Money Order or Bankers Draft payable to Offaly County Council, Áras an Chontae, Charleville Road, Tullamore, Co. Offaly.
  • By credit card or laser card please contact the Cash Office at 057 963 46800 to arrange this type of payment.
  • By post to this office quoting your account number.
  • at our Cash Office at Áras an Chontae, Charleville Rd., Tullamore between the hours of 9.30 a.m. – 4.00 p.m. Monday to Friday. (Open through lunch for your convenience).

PLEASE QUOTE YOUR ACCOUNT NUMBER/Customer id. When making payment.