Your charge for commercial rates is calculated in the following way:

• The ‘Rateable Valuation’  of your property
  …multiplied by…    
• The ‘Annual Rate on Valuation’  (also referred to as ‘the multiplier’)
  …equals…      
• Your Commercial Rates Charge.

‘Rateable Valuation’

Rateable valuations for all properties are determined by the Commissioner of Valuation  and set out in a Valuation List.

If you believe your Rateable Valuation is incorrect, you can submit a request for re-assessment.

‘Annual Rate on Valuation’

The ‘Annual Rate on Valuation’ (also referred to as ‘the multiplier’) is decided by Dublin City Council at its annual budget meeting.

An example of a commercial rates calculation:

• €100 : Rateable Valuation
  …multiplied by…    
• 62.63   Annual Rate on Valuation (for 2010)
• €6,263 Your charge for commercial rates