Wednesday December 11, 2019

Businesses will suffer if Dublin city raises commercial rates

Commercial rates are seen as pot of money to be exploited in the current budget impasse, while councillors play politics by cutting property tax

Ian Guider

Markets Editor

24th November, 2019
Dublin City Council managers are proposing to increase commercial rates (Pic: Getty)

On the face of it Dublin city businesses are booming. Consumer spending is riding high and tourism numbers are at record levels. In the run up to Christmas most bars and restaurants are fully booked. If you walk Grand Canal Square the ultra modern offices are filled with thousands of tech workers for companies whose profits are measured in the tens of billions of euro.

It is not surprising then, that to break its budget...

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