IRISH businesses paid โฌ1.35 billion in commercial rates in the last year, an average increase of 47% in the past decade.
The figures were revealed at a meeting of Employers for Affordable Rates (EAR) in Limerick, with one businessman calling rates โan old tax that is strangling companiesโ.
Representatives from 300 small to medium businesses gathered in a bid to combat the level of rates being paid, which, they say, are crippling them.
The campaign was initially set up in Wexford.
Limerick-born Vincent Jennings, CEO of the Newsagents Association, described rates in Limerick city as appalling, considering the level of service provided, referring to the disruption on William Street.
Michael Moloney, owner of Dalcassian pub and supermarket in Ruan, Co. Clare, said trade was down 50% in three years.
โIโve been in the business 53 years and weโve never experienced a hit like this.
โI used to employ 16 and now its just me and my family.
โIโm paying โฌ100,000 in rates a year, but these are different times and the government should be taking that on board because charges are astronomicalโ.
Donnacha Hurley, GM of the Absolute, set up the Limerick meeting.
โThis is an opportunity for business owners to highlight how unsustainable the current levies are.
โBusinesses are being hindered, rather than allowed flourishโ.
Founder of the campaign, Wexfordโs John Conran, said retailers were being forced to cut all costs but couldnโt do anything about rates.
โWe should be able to fight rates if there is an economic change of circumstances.
โOur aim is to become a strong lobbying group because middle Ireland is being crucified.
โWe want to pay rates but they must be affordable, and the government must recognise that action is neededโ.
Mark Fielding of the ISME (Irish small and medium business sector), said that the joining of both Limerick authorities was part of the reform he wanted to see.
โIn 1978, domestic rates were relieved. In 1984 agriculture rates were relieved, and businesses were left to carry the burden.
โRates have increased 300% since I began in 1980โ.