Troy calls for
immediate legislation to reduce commercial rates

Fianna Fáil TD for Longford Westmeath, Robert Troy, has reiterated his call on the Minister for the Environment, Community and Local Government, Phil Hogan, to immediately introduce legislation to reduce commercial rates.

Fianna Fáil TD for Longford Westmeath, Robert Troy, has reiterated his call on the Minister for the Environment, Community and Local Government, Phil Hogan, to immediately introduce legislation to reduce commercial rates.

Speaking in the Dáil, Deputy Troy alluded to the fact that small businesses are on their knees and the Government are doing nothing to help them.

Deputy Troy commented: “The Government needs to initiate legislation immediately to ensure that commercial rates are calculated and charged to businesses on a fair and equitable basis.”

“They have reneged on their promise to abolish the practise of upward only rent reviews, we are still awaiting legislation on the partial loan guarantee scheme and here we are over 12 months later and there has been no movement on reducing commercial rates.

“By putting this on the long finger, Minister Hogan is showing contempt for the thousands of small business owners in the country. Presently rates are calculated on antiquated and out dated legislation which is not reflective of current economic conditions.

“Businesses are closing every day because of punitive commercial rates. The survival of small businesses should be a priority for this government but they are lying idly by as business after business is forced to shut. Action is needed on this immediately,” Deputy Troy said.