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Vacant Home Tax

Housing

Vacant home numbers fall by 7 per cent last year to less than 85,000

The average vacancy rate across Ireland has dropped to 4 per cent as the number of vacant homes fell to its lowest level in more than five years
  • Lorcan Allen
  • January 31, 2023
Vacant Homes

Revenue to introduce strict conditions for vacant home tax exemptions

Homeowners will be required to keep records of household bills on vacant homes for six years in order to avoid the new tax
  • Michael Brennan
  • October 22, 2022
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
  • Michael Brennan
  • October 10, 2022
Housing

New vacant homes tax will triple local property charges on empty houses

Government says new budget measure will help ‘ensure all viable housing stock is made available for use’ but an opposition politician has called it ‘too weak to be effective’
  • Killian Woods
  • September 27, 2022
Housing

Stopping the rot: could compulsory purchase orders be a solution for derelict properties?

Louth was once a trailblazer when it came to using compulsory purchase orders to bring vacant buildings back into use, but in recent times the programme has faltered, with no properties acquired this year
  • Michael Brennan
  • August 6, 2022
Vacant Homes

Mass sale of vacant properties on the cards as new tax looms

The platform Iamsold is advising property owners to look towards sale by auction as a faster, more secure means of offloading their properties
  • Tina-Marie O'Neill
  • July 15, 2022
Housing

Half of councils have no full-time roles for tackling vacancy

Paschal Donohoe, the Minister for Finance, confirmed this week that owners of vacant homes are facing a new tax in the Budget
  • Cónal Thomas
  • July 9, 2022
Housing

Dedicated government taskforce needed to tackle vacant properties, cross-party committee says

Report from housing committee also calls for rate of soon-to-be-introduced vacant sites tax should be increased due to inflation
  • Donal MacNamee
  • May 24, 2022
Tax

Department of Finance did not want to commit to vacant home tax

Official objected to Housing Department’s commitment to implement tax as ‘premature’
  • Michael Brennan
  • May 21, 2022
Tax

Vacant property tax in doubt as Revenue reports fewer empty homes than expected

Analysis by Revenue revealed that levels of vacancy ‘are low across all counties’, leading the Minister for Finance to assess merits and likely impact of introducing such a tax
  • Michael Brennan
  • May 15, 2022

Housing Agency vacant property fund falling short of target

Number of acquisitions decreased each year due to ‘reducing availability of suitable units from banks and equity funds,’ Department of Housing says
  • Sarah Taaffe-Maguire
  • May 6, 2022

Dublin City Council is owed €10m in vacant site levies

In total, more than €14.3m is owed to the 31 local authorities
  • Sarah Taaffe-Maguire
  • December 14, 2021

Property tax on vacant homes to rise as much as five-fold

Move by the government could effectively hit institutional funds that are sitting on valuable empty apartments with a penalty of between €5,000 and €7,000 per unit
  • Killian Woods
  • September 5, 2021

Empty promises: can the government finally get to grips with the problem of vacant homes?

In an upmarket Dublin suburb, a four-bed house bought by an overseas investor has been unoccupied since 2015; in the city centre, hundreds of luxury apartments owned by a US investment fund lie empty. A more radical approach to the problem is needed, experts say
  • Killian Woods
  • June 20, 2021

Only three vacant home officers employed in the last three years

Despite €50,000 in funding and a requirement to employ such staff, hardly any local authorities have a full-time employee focused on bringing empty homes back into use
  • Killian Woods
  • June 13, 2021

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