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Buncrana traders at risk of closure - Bradley 17.04.09

by Damian Dowds, Inishowen Independent

BUNCRANA Town councillor and supermarket owner Paul Bradley has called for a 20% reduction in Buncrana’s commercial rate in 2010 and has warned that if the current economic circumstances persist, the town will have fewer ratepayers at the end of 2009 than at the end of 2008.
Councillor Bradley made his comments during a debate on uncollected rates at last week’s Town Council meeting where members were informed that €706,421 remains outstanding from 2008. That is more than half the €1.3 million in rates levied in the town for the year.
Cllr Bradley said that the shortfall in rates collection wasn’t surprising given the downturn in business in Buncrana. Owner of the EuroSpar supermarket on St Mary’s Road, Cllr Bradley is one of the bigger ratepayers in the town and he admitted that settling his 2008 account was very difficult.
“I’ve had to cut back on wages and the jobs of some of the 25 people working for me are under threat,” he said, predicting that Buncrana will see its business base shrink still further in the difficult economic climate.
“What’s happening in Buncrana is very serious,” he continued. “While we didn’t increase rates for 2009, ratepayers will need a reduction of 20% in 2010.”
Councillors were also shown a schedule of ratepayers in the town, with Cllr Bradley afterwards noting 28 vacant properties on which rates cannot be applied, further impacting on the Council’s annual income.
Cllr Pádraig MacLochlainn appealed to people to shop local where possible. “If businesses close down, our income from rates will decrease and the council will not be able to carry out the necessary work on footpaths, street lighting or providing social housing,” he warned.
“People need to shop local where they can as it impacts directly on employment in the town,” Mayor Dermot McLaughlin agreed.
“It’s a myth that everything is cheaper in the North,” Cllr Peter McLaughlin said, giving the example of one local retailer who had proven that he could sell televisions more cheaply than his competitors in the North.
Cllr MacLochlainn said that well-established businesses in Buncrana were suffering through no fault of their own, but rather because of the collapse in the value of Sterling and the difference in VAT rates between the Republic and the North.
“It’s heartbreaking to see businesses here struggling because of circumstances outside of their control,” he said.
He called on town councils from border areas to come together to lobby the Government, the Northern Ireland Executive, and the British Government to start a process of tax harmonisation between the Republic and the North.
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