Local Property Tax Archives - Page 2 of 14

€463m paid in Local Property Tax in 2016

Blog, General, Home, Mortgages & Money, Property News

€463m was collected in Local Property Tax by Revenue last year, reflecting an average compliance rate of 97%. This compliance level is understood to be in line with previous years. Laois had the highest compliance rate of any county, at 99.8%, while the lowest rate was in…

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Revenue report 97% compliance rate with Local Property Tax

General, Home, Mortgages & Money, Property News

The Revenue Commissioners have said there is now a 97% compliance rate with the local property tax. The Public Accounts Committee has heard that non-payment is at least partly down to people who are so indebted they just cannot pay. Chairman of Revenue Niall Cody…

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Those affected by flooding can apply to have taxes deferred

Blog, General, Home, Mortgages & Money, Property News

People whose homes have been affected by flooding can apply to have some of their taxes deferred under new plans announced today by the Revenue Commissioners. Officials claim they want to avoid adding to people's distress following the impact of Storms Desmond and Frank and…

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People with flooded properties should be exempt from property tax, insist Fianna Fáil and Sinn Féin

Blog, General, Home, Mortgages & Money, Property News

Calls have been made to exempt families with flooded properties from paying property tax. With more rain predicted tomorrow and on into next week, many areas are still at a high risk of flooding and the Red Cross and Defence Forces are assisting flood hit…

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Deadline for Local Property Tax payments approaching

Blog, General, Home, Mortgages & Money, Property News

The pay and file season for Local Property Tax 2016 will start soon. The key date upon which an individual’s liability for property tax is determined has already passed, being November 1. If you owned a residential property at that date, and do not qualify…

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Motor tax payments used to fund Irish Water

Blog, General, Home, Mortgages & Money, Property News

Two-thirds of funding being given to Irish Water this year by the Government came from motor tax payments, the Dáil spending watchdog heard earlier this week. A subvention payment of €439m made to the semi-State utility company last year was being drawn from what is…

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Budget 2016 – the housing measures

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Budget 2016 took place this afternoon and MyHome.ie has compiled the impact on the housing market. The biggest announcement was in relation to the Local Property Tax. Property tax re-evaluation has been postponed until 2019. Minister Michael Noonan says this will mean that home owners…

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Dublin councillors vote to reduce Property Tax rate by 15%

Blog, General, Home, Mortgages & Money, Property News

Dublin city councillors have voted to reduce the Local Property Tax rate by 15% for 2016. The decision means homeowners in the area are currently due to pay the same rates of property tax in 2016 as applied in 2015. In a report issued to…

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Howlin admits property tax will increase “over time”

Blog, General, Home, Mortgages & Money, Property News

The Public Expenditure minister Brendan Howlin has said property taxes are going to increase "organically over time". Mr Howlin said the tax reliefs in next month's Budget will focus more on workers rather than homeowners. The Government has already committed to delaying the increase in…

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Local authorities have until end of the month to decide on Local Property Tax rate

Blog, General, Home, Mortgages & Money, Property News

The Government has decided that 80% of the money raised by the Local Property Tax next year will be retained locally, to fund vital public services. It has also decided that no local authority will be worse off in 2016 compared to this year. Therefore,…

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