Local Property Tax Archives - Page 3 of 14

Property tax reform report outlines options

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

A report on possible reforms to the property tax has outlined a number of options on changing the levy, such as staggered increases over a three-year period. It is understood that while the report from Dr Don Thornhill does not favour any specific way to…

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General

Dáil passes legislation enforcing payment of water charges

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

Legislation to enforce the payment of water charges has been passed following a debate in the Dáil. The measures were included as amendments to the Environment (Miscellaneous Provisions Bill) 2014, which has now passed report stage. The opposition criticised the Government for “ramming the legislation”…

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General

Rising property prices could see property tax bills increase next year

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

While rising property prices have been welcomed by those in negative equity or looking to sell, they could soon have an impact on all homeowners. Next year the value of your house in relation to the local property tax will be reassessed and with homes…

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Mortgages & Money

Call for property tax discount for those who pay management fees

Blog, Mortgages & Money, Property News

Fianna Fáil has said that people paying management fees should get a discount on their local property tax - because they are paying twice for services like grass cutting, lights and road maintenance. The party is to put legislation before the Dáil that would offer…

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General

Revenue Commissioners warn of bogus property tax calls

Blog, General, Home, Property News

The Revenue Commissioners has issued a warning amid concerns of a possible local property tax (LPT) phone call scam targeting homeowners in Cork City. There have been several reports in recent days of householders on the northside of the city receiving cold calls from individuals…

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Mortgages & Money

Almost 20,000 self-employed people face hit on income tax bill for failing to pay property tax

Blog, Mortgages & Money, Property News

Almost 20,000 self-employed people have taken a hit on their income tax bill for failing to pay the Local Property Tax. Self-employed people who do not paythe property tax incur a surcharge of up to 10% on their total income tax bill. This potentially leaves…

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Mortgages & Money

94% have paid Local Property Tax this year to date

Blog, Mortgages & Money, Property News

The Revenue Commissioners have revealed that 94% of the population has paid their property tax to date, down 2% on the figures for 2014 and 2013. The figures were revealed in the Revenue’s annual report, which was released today. The figure is based on payment…

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Mortgages & Money

Five people each paid property tax on more 500 houses they own

Blog, Mortgages & Money, Property News

The Revenue Commissioners have revealed that five people each paid property tax on more than 500 houses they each own. The five were among 100 multi-homeowners, who discharged their Local Property Tax (LPT) liabilities for 2014. Four other individuals paid LPT for ownership of between 400…

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General

Property Tax reminder letters sent to 130,000 households

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

The Revenue Commissioners has sent out 130,000 letters to those who have not made arrangements to pay their Local Property Tax (LPT) for 2015. The reminder notices were issued last week and resulted in the almost immediate collection of a further €1 million, as well…

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General

Property Tax to be reviewed

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

Minister for Finance Michael Noonan has commissioned a review into the Local Property Tax in the context of house price rises. Fianna Fáil earlier called on the Government to postpone next year's valuation date for the tax, saying homeowners would face higher bills if it…

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