Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Calculating Rates

Options
  • 29-03-2012 6:33pm
    #1
    Gandalph
    Registered Users Posts: 1,792 ✭✭✭


    How do you calculate rates on a commercial property? I did some calculations someone gave me but it ended up being more expensive than the actual rent of the property, is this the norm?


Comments

  • Options
    #2
    Milk & Honey
    Banned (with Prison Access) Posts: 1,950 ✭✭✭Milk & Honey


    Gandalph wrote: »
    How do you calculate rates on a commercial property? I did some calculations someone gave me but it ended up being more expensive than the actual rent of the property, is this the norm?

    Find the R.V. (Rateable Valuation) for the property). Find out what rate has been struck R.S. by the local authority . Multiply R.V by R.S. That gives the annual rates bill.

    It may or not be more than the rent.


Advertisement