Cllr Mitchell welcomes Greystones Area Rates reduction

Commercial Rates on business properties in Greystones, Kilcoole & Newcastle are being reduced by 2% for 2018, part of a 5 year plan to reduce them by 10%. This reduction was confirmed at Monday’s budget meeting of the County Council. Rates in the old ‘county area’ were higher than in the 3 ‘town’ areas and these are being equalised over 5 years.
The Greystones area has by far the lowest number of people employed locally compared to the other areas and this move will help to make businesses in the area more competitive.

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