Politics

Vacant home tax bills of up to €15,000 per year on the way for owners of empty mansions

The Revenue is going to ask owners of vacant homes to pay the self-assessed tax online by January 1 next year

Householders will be fined €100 per day for failing to comply with a Revenue request to file a vacant homes tax return. Picture: Fergal Phillips

Householders with large unoccupied homes will have to pay more than €15,000 per year under the new vacant homes tax.

The vacant homes tax will be three times the local property tax bill of the property with the aim of pushing households to either renovate or sell their empty properties.

The Revenue is going to ask vacant homeowners to file returns from November 7 this year and to pay the self-assessed tax online by January ...