Monaghan County Council's Rates Waiver Scheme, which offers up to €10,000 off a year's commercial rates for businesses that take over long-vacant premises, is to continue into a second phase in 2027.

"To consider and approve Rates Waiver Scheme 2027" was on the agenda for Monday's (2 November) monthly council meeting. Northern Sound reports the next phase received members' support and aims to support existing businesses and attract outside businesses to the county. Fine Gael Cllr Sean Gilliland told the station that security is one of the scheme's key aims, pointing to the threat of "poaching" of Monaghan businesses by other counties and jurisdictions.

How the 2026 scheme works

According to the council's scheme page, the 2026 scheme began on 5 January 2026 and covers:

The premises must be commercially rated and must have been vacant for at least 12 calendar months. The waiver is 100% of rates for the first 12 months of trading, up to €10,000. Applicants must have no outstanding rates or council charges, and must pay by standing order or direct debit for at least 12 months after the waiver. A business can use the scheme only once in five years, unless it is expanding into a second vacant property.

The council had not published the details of the 2027 scheme when we checked.