Details will delay introduction of property tax

Most experts believe it will be the middle of next year before the state will be ready to start collecting the property tax, writes Ian Kehoe.

Ian Kehoe - avatar

Ian Kehoe

1st September, 2012

It is the €500 million question. Can this government fulfil its promise to its troika paymasters and introduce the much- promised property tax in time to hit its 2013 budgetary targets?

The government is committed to raising €1.25 billion in new revenues next year under the terms of the bailout, and €500 million of that is expected to come from the new tax on residential property. Because of this, the delivery of the property tax is...

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