Taxpayers won't face higher property tax bills for 2021
The valuation date for local property tax has been deferred until 1 November 2021, said the Minister for Finance, Paschal Donohoe.
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The valuation date for local property tax has been deferred until 1 November 2021, said the Minister for Finance, Paschal Donohoe.
Phil Hogan came to the “reluctant conclusion” yesterday that he should step down from his senior EU job.
Residents at Arbourmount will enjoy easy access to both Kilkenny and Waterford.
Due to the rapid increase in house prices, there have been concerns about the massive leap in tax homeowners will have to pay.
Culture Minister Josepha Madigan has said she wants lower rates of property tax in affluent areas.
The Taoiseach said it is unfair that some pay while others do not.
A report delivered this week advised against the idea.
Minister Paschal Donohoe said any changes to the property tax regime should be ‘affordable’ for homeowners.
He also spoke about the €13 billion Apple Tax bill and defended Ireland’s 12.5% corporation tax rate in an interview on Morning Ireland.
High and rapidly increasing house prices have meant that Dublin homeowners shoulder a high proportion of the local property tax bill.
The party also proposes a 7% levy on incomes over €100,000.
A report in today’s Sunday Business Post suggests that a Fine Gael motion on such a tax is unlikely to be challenged by Fianna Fáil.
TheJournal.ie have received an advance copy of the party’s “alternative budget” to be unveiled today.
Michael Noonan said homeowners can revalue their property if its been damaged by floods.
The government hopes to pass new legislation by Christmas.
The AAA TD said the “mass boycott” of the property tax is over.
The Social Democrats made the claim while launching their pre-budget submission this morning.
Sinn Féin finance spokesperson Pearse Doherty dropped by to give us the Sinn Féin alternative.
If you’re in Dublin: yes.
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The Tánaiste says that there has to be a reaction to rising property prices.
This is since the charge was introduced in May 2013.
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Revenue has extended the deadline after a large volume of calls in recent days.
The Government is planning to review property tax rates as the price freeze nears an end.
By law, householders are expected to revalue their properties in November 2017. There are concerns this could add hundreds of euros to annual bills in the Dublin area.
Around 1 million letters will be sent out over the coming weeks.
A Fianna Fáil motion to reduce it by 3% was instead approved.
Louth councillors also voted to reduce the tax – by 1.5%.
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Those in dire straits may be able to negotiate with local councils by Friday – but after that the penalties jump massively.
The 2013 valuation will have to be justified if the value of the home has increased by over 15%.
A Department of Finance paper also found that the economy could be boosted by lowering the cost of credit for SMEs
The compliance rates for local property tax payments this year is 94%.
In order to avoid the property tax, a homeowner has to get a certificate confirming the presence of significant pyrite damage.
The Communications Minister plays down talk of a Cabinet rift over the proceeds from the local property tax.
Enda Kenny also confirmed that the water charges will not exceed €240 per year.