Limerick City to see 16% cut in rates

The unification of Limerick city and county at next year’s local elections has already yielded a huge boost for city centre businesses — a 16% rate cut.

The city council will next Monday cut rates by 16%, bringing it in line with rates in suburban shopping centres in the country area.

The move follows a decision by the Department of Local Government to give €3.5m to assist in the rates equalisation process.