A Property Tax based on valuation
Posted August 27th, 2012There has been some recent speculation that the government is planning to introduce a property tax based on valuation.
The only decision that has been taken by the Cabinet regarding the property tax at this point in time is that it will be administered by the Revenue Commissioners.
There is a report on the introduction of a progressive and fair property tax, to replace the temporary household charge, and it is with the Minister for Environment. No doubt any findings or recommendations in this report will be debated in Dail Eireann ahead of any final decision by the government.
I have received a number of emails and phonecalls from people concerned that the new property tax will be based on the estimated value of the property. Thank you for contacting me to communicate your point of view – it is one that I share. I will be making representations to the Minister on your behalf.
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