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Irish Gov’t planning property tax NOT Site Value Tax

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.

Posted in Site Value Tax.