Monday April 6, 2020

The property tax poison pill

Many will be rejoicing at the rise in property prices, but there is a catch – higher home values mean bigger property tax bills, writes Eamon Quinn

24th December, 2014

Compared with the tumult the coalition faces with the water charge, the local property tax was introduced with surprisingly little fuss. In its first full year, the tax will yield a lot more than the government can ever expect to tap from its diminished water levy. And with the exchequer projecting the property tax will take in gross revenues of €500 million next year, this is one measure that appears to provide fiscal bliss for...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 3 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 3 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 3 weeks ago