Limerick City and County Council is reminding small and medium sized enterprises that they can receive a commercial rates rebate of up to €1,000. The support payment is aimed specifically at small and medium-sized enterprises and is set at 9% of the annual cost of commercial rates for the rated occupier up to a maximum of €1,000.
The rebate will be paid as a financial support to occupiers of commercial properties with total annual Commercial Rates bills of up to and including €25,000 in 2019, subject to terms and conditions.
Commercial Rates accounts for around one third of Limerick City and County Council’s budget for 2019, which is used for the provision of services, including resurfacing of secondary and tertiary roads, playgrounds, public lighting and housing.
Payment of rates has been steadily increasing over the past number of years following a proactive approach by Limerick City and County Council in dealing with businesses, offering a range of payment options. In 2016, 75% of the rates were paid, this figure has increased to 83% last year.
More than 4,500 business across Limerick city and county are eligible for a rebate.
Head of Rates Department at Limerick City and County Council John O’Brien said: “To date around one quarter of Limerick businesses have availed of the scheme, but we want to help other businesses and inform those who are eligible for the scheme, so they will sign up.”
“Businesses are entitled to rates rebates of up to €1,000 and I would encourage anyone interested to fill out the application form and get in contact with us.”
“I would also encourage all businesses who are having difficulty with paying their rates, to please contact the office.”
For more information on the SME Support Scheme click here or email SMEgrant@limerick.ie. The Rates Department of Limerick City and County Council, Dooradoyle, Limerick, can be contacted on 061 556360.
Closing date for receipt of applications for the rebate is Friday 12 July 2019.