Daily Archives: March 7, 2021

Cllr McCarthy: Rates Deferral is of Huge Benefit to Businesses

Independent Cllr Kieran McCarthy has welcomed the continued deferral of rates payments for the first quarter of 2021 for businesses most impacted by Level 5 restrictions introduced on 6 January 2021.

Cllr McCarthy noted: “With financial support from central government Cork City Council will be deferring rates payments. The three-month waiver will apply to eligible businesses and will be applied to rates accounts in the form of a credit in lieu of rates. Support from government has also kept the Council’s operations going and it is essential that forms of financial support remain as businesses return in the months ahead. The Council’s income will be significantly down later this year as the full economic fallout from businesses that do not re-open is revealed”.

 Cork City Council Head of Finance, John Hallahan said, “Cork City Council is acutely aware of the challenges faced by businesses, large and small throughout the city and county. We will continue to work with our rate payers on a case by case basis and are asking businesses to contact us”. 

Cork City Council will issue Rate Bills for 2021 commencing in March 2021. Rate payers are advised that these bills will not include the recently announced Covid-19 rates waiver but that rate payers that are eligible for the waiver will get a statement showing their reduced liability in April/May 2021. For queries on the rates waiver scheme, contact rates@corkcity.ie or phone 021-4924484.

Cork City Local Enterprise Office offers a number of supports to businesses to address the challenges posed by Covid-19, such as mentoring, Microfinance Ireland COVID-19 Business Loan, businessadvice clinics, and trading online vouchers are available for businesses wishing to establish or enhance their online presence. For further queries on these supports, contact Cork City Local Enterprise Office on 021-4961828 or at info@leo.corkcity.ie