Watchdog pushes for property tax hike

National Competitiveness Council wants the revaluation of the country’s 1.8 million homes to be brought forward

18th December, 2016
NCC chairman Peter Clinch

The country’s competitiveness watchdog is calling for property taxes to be hiked.

The government has frozen the property tax until 2019, which has meant that homeowners in Dublin and large cities, in particular, have avoided having to pay more due to the rise in house prices.

But the National Competitiveness Council (NCC) wants the revaluation of the country’s 1.8 million homes to be brought forward to increase the current property tax revenue of €382...

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