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Cork Council Writes Off 15M in Empty Building Rates | Cork News
Cork City Council has written off over €15 million in commercial rates over four years — a staggering sum for buildings left empty — thanks to a policy offering 40% discounts on vacant properties. Critics call it a perverse incentive that rewards vacancy, while the council defends it as a necessary buffer for inevitable business turnover and renovation costs, noting owners still pay 60% of rates even with the discount — a heavy burden when paired with repair bills. The allowance was recently trimmed from 50% to 40%, but the debate rages on. Listen in comfort:Get a discount on a Soli Pillow…
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