Property Entry Level (PEL) FAQs

Property Entry Level (PEL)
The entry year property levy is a charge which the Local Authority applies to all newly erected or newly constructed properties pending the levying of commercial rates. It was introduced under the Local Government (Business Improvement Districts) Act 2006, which was enacted on the 24th December 2006.

Can you give me an example?
Say that a property is newly constructed and capable of occupation on 1st February 2010 and it is valued for rating purposes on 10th February 2010 with a rateable valuation of €100. The annual rate on valuation (a multiplier) determined by the Council at its annual Budget Meeting for 2010 is 69.9239

The bill for the relevant portion of the year would be calculated as per the following example:

  • R.V. x annual rate x no of days ÷ days in year = Assessment
  • €100 x 69.9239 x 325 ÷ 365 = €6,226.00

  • According to the Act the “levy payer” is liable. The levy payer can be either:

  • The person who is in occupation of the property on the entry date i.e. the date the property is placed on the valuation list
  • or
  • If the property is vacant on the entry date, the owner.
  • The charge becomes payable in full 14 days after the bill is issued.
    The person liable for rates is the person in actual occupation at the making of the rate for the year, or upon his/her default the subsequent occupier. A subsequent occupier can be held liable for up to two years arrears of rates. In cases where the property is vacant at the making of the rate the liability lies with the person entitled to occupy the property at the making of the rate (the leaseholder or if there is no lease - the owner).
    In the event that the levy remains unpaid in full after 14 days, Waterford City & County Council will have no alternative but to recover the bill as a contract debt.
    Yes. The account will be recalculated using the amended rateable valuation for the property from the effective date. If the account was overpaid as a result of the initial assessment, a refund will be made to the levypayer. If the amendment results in an underpayment, the levypayer will be responsible for the amount owing.

    It is the Council's policy to provide it's customers with as broad a range of payment methods as possible. Payments can currently be made by the following methods:

  • By post to: Customer Care Desk, Civic Offices, Dungarvan or the Customer Care Desk, Baileys New Street, Waterford. Opening Hours: Monday to Friday 9.30am to 12.30pm and 2pm to 4pm using postal order, money order, or cheque. Cheques, Postal Orders etc. should be made payable to Waterford City and County Council and crossed "A/C Payee only". Never send cash in the post and please remember to include details of your payment i.e. invoice number or customer number.
  • No. It is only assessed until such time as the property becomes liable for commercial rates.