Legal News

Mcgrath Mullan Solicitors Dublin

Changes to Commercial Rates 

2024 Updates to Commercial Rates in Ireland | McGrath Mullan Law

Notes re Commercial Rates

Changes have been introduced to commercial rates which will affect all vendors and purchasers, landlords and tenants in commercial premises.
Since 1st January, the ‘liable person’ is the occupier or person entitled to occupy (the owner where the building is vacant). 
There is an obligation now to advise the local authority within 10 days of any change taking place in the ‘liable person’. The onus is both on the vendor and purchaser and the landlord and the tenant.
Even an owner moving into their own formerly vacant building must now notify the local authority.
Rates must be paid before any sale is concluded i.e. not out of the proceeds of sale.  Unpaid rates will gather 8% annual interest.  It is criminal offence not to notify the local authority!
Julie Mullan, Partner, has extensive experience in all aspects of residential and commercial conveyancing including residential and commercial purchases and sales, leases of commercial properties etc. Contact Julie if you would like assistance with any of these matters.

Author Bio

Julie Mullan

Julie Mullan, Partner at McGrath Mullan, offers comprehensive legal assistance in Irish employment law, from handling Workplace Relation Commission claims to drafting employment contracts and strategic workforce advice. She also specialises in probate law, adept in managing estate administration and navigating Irish grants of probate with UK domicile. For expertise in both residential and commercial conveyancing, Julie’s extensive experience includes managing property transactions and commercial leases. Contact Julie for professional legal support in these areas. or +353 (0) 1 873 5012

Share This

Mcgrath Mullan Solicitors Dublin

Contact Us

Suite 323,The Capel Building, Marys Abbey, D07 C668