Businesses all over Kerry are being forced to close due to the enormous increases that have been added to their assessment for commercial rates, it has been pointed out.
Cllr Michael Cahill said he is receiving multiple calls on a daily basis from business owners who can see no future for their particular operation following receipt of an increased rates bill.
“To be in a position to pay these inordinate increases, many make the point that it would mean applying for a bank loan and that would not be viable for them,” said the Fianna Fáil general election candidate,
He said the valuations office needs to change the basis on which it comes up with their assessments.
“Businesses of differing profit levels are being charged similarly due to their location and footfall. This is a totally unacceptable way to assess ventures for commercial rates because if a business is not making a profit, how can it be liable for rates?” Cllr Cahill asked.
He said rates Bills have doubled, trebled and quadrupledand no corner of the county has escaped.
“Numerous businesses all over Kerry are doomed and their doors will close forever,” Cllr Cahill warned.
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