Kerry businesses becoming more compliant in paying rates

Kerry businesses are becoming more compliant in paying commercial rates.

According to figures contained in the Annual Financial Statement 2018, close to 85% of rates owed were collected last year.

The net accrued rates in 2018 were €33.1 million.

Kerry County Councillors passed the Annual Financial Statement 2018, which sets out the financial position of the council at the end of the year.

It shows overall expenditure during 2018 of €224.5 million, and overall income of €234 million.

Both of these are up on 2017 – expenditure was up €28 million, and income rose €40 million.

Head of Finance, Angela McAllen said the figures were a very positive reflection on both the elected members and staff in maximising resources and revenue, achieving better value for money, and increasing overall efficiencies.

During 2018, Kerry County Council saw further considerable improvement in both collection and reduction of arrears in commercial rates.

They issued 280 registered 6-day notices, with 206 by way of ordinary post, and 47 rates summonses were subsequently issued.

The collection of rates increased from 82.55% in 2017 to 84.62% in 2018 – a rise of 2.07%, which the Head of Finance says shows continued strong collection performance.

The report notes that the closing arrears for 2018 have reduced by €951,609 compared to 2017.