HomeNewsLimerick Council raises rates but throws a lifeline to small business

Limerick Council raises rates but throws a lifeline to small business

By Bernie English

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November 11, 2016

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Council chief executive Conn Murray

LIMERICK CITY and County Council members have voted to raise commercial rates by 5 per cent – but an amendment to the bands under which they are charged.

A 5 per cent increase in commercial rates would affect just 10 per cent of businesses, Chief Executive Conn Murray said. “In addition, those who pay on time, will avail of savings”.

The businesses which will be affected by the hike are those which pay in excess of 20,000 euro per year.

A rebate of 4 per cent of rate has been approved for hospitality businesses which don’t already qualify for the rebate scheme in order to protect and promote the tourism industry.

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Bernie English http://www.limerickpost.ie

Bernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.

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