Irish Gov’t planning property tax NOT Site Value Tax

Dec 21, 2011 Comments Off on Irish Gov’t planning property tax NOT Site Value Tax by

Probably in response to growing opposition, the Government has decided to bring in a comprehensive tax a year earlier than expected, replacing the regressive household charge in a year. However, they have decided to go the route of a house-based property tax, not a site value tax. Could it be anything to do with the billions tied up in empty NAMA properties?

The €100 a year household charge is likely to be replaced in a little more than a year by a comprehensive property tax, The Irish Times  has learned.

The property tax will be on a graduated scale based on the size or value of a house and the details are due to be worked out over the next few months.

Full article.

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