Housing

Revenue to collect vacant homes tax from 8,000 households

Labour TD says tariff has ‘all the hallmarks of a token tax’ as just 15 per cent of registered owners will have to pay due to exemption rules

Ged Nash, the Labour TD, said the estimates provided to him by Donohoe showed that the vacant home tax had all the hallmarks of a token tax. Picture: RollingNews.ie

The Revenue is expecting to collect the vacant homes tax from around 8,000 households next year.

The tax will be three times the local property tax bill of the property, which the government hopes will push households to either renovate or sell their empty properties.

However, Revenue is estimating that just 15 per cent of those who registered their ownership of a vacant house in their local property tax returns will have to pay the ...