A revaluation is the production of an up-to-date Valuation List of all commercial and industrial property, within a rating authority area, by reference to current property rental values at a particular date. This is provided for in Part 5 of the Valuation Acts 2001 – 2015. A revaluation of all commercial properties in Ireland is currently on-going by the Commissioner of Valuation and the revaluation of the entire country is due to be completed in the coming years.
A revaluation appeal is an appeal to the Valuation Tribunal against a decision of the Commissioner on the revaluation of a commercial property.
Right to Appeal
The right to appeal to the Valuation Tribunal arises following the fixing of a valuation by the Commissioner of Valuation on a commercial property. If a person affected by the valuation is dissatisfied with it, he/she can appeal that decision to the Valuation Tribunal but must do so within 28 days from the publication of the valuation list.
It is very important to note that the Valuation Tribunal and the Commissioner of Valuation/Valuation Office are separate bodies, independent of each other. The role of the Valuation Tribunal is to hear appeals against decisions of the Commissioner.
To Make an Appeal
To make an appeal simply download the Notice of Appeal form, complete, and submit it to Valuation Tribunal within the statutory time limit, that is within 28 days from the date on which the Commissioner of Valuation publishes the valuation list.
Alternatively, you may use the blank Notice of Appeal form which the Commissioner issues with his/her appeal decision. The Notice of Appeal form must be signed and dated and the appropriate fee must be attached. Remember to read the Guidelines for Completion of Notice of Appeal before completing the form.
Fees payable in respect of revaluation appeals to the Valuation Tribunal
|Valuation of property as determined by the Commissioner of Valuation||Appeal Fee|
|Not exceeding €20,000||€95|
|Exceeding €20,000 and not exceeding €50,000||€125|
|Exceeding €50,000 and not exceeding €250,000||€300|