property tax Archives - MyHome.ie Advice & Blog

Local authorities to decide next month on what to charge householders for Local Property Tax in 2019

Local authorities across the country will decide next month how much they will charge householders in their area for the Local Property Tax next year. Councillors have the power to increase or decrease the rate charged in their area by up to 15 per cent…

General

Changes to Local Property Tax expected in the coming months

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

Changes to the Local Property Tax are expected in the coming months. Speaking to The Sunday Independent yesterday, Minister for Housing Eoghan Murphy said bills should no longer be solely based on the value of homes and admitted the annual charge needs to be reformed.…

General

Local Property Tax conundrum may be more difficult than the Budget

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

While many people will hope to have a few euro extra in their pockets after Budget 2018 on Tuesday, the real battle to cut down on household costs could be a few weeks away yet. That’s because a comprehensive review of the Local Property Tax…

General

Property tax rates could be set for dramatic rise if re-evaluations proceed in 2019

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

Homeowners in a number of areas of the country could see their property tax increase by up to 125% when the next re-evaluation takes place in 2019. That’s according to a report in today’s Irish Times which claims the Government’s income from the tax could…

Buy & Sell

Cash when you need it most

Advice, Buy & Sell, Buying, Finance, Moving, Sponsored

Saving for a deposit is hard enough. But, that’s not the only expense you need to be prepared for when buying a place to live. There’s the solicitor’s fees, surveyor’s fees, stamp duty, registration, property tax… The list goes on And, when you finally get…

General

€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…

General

Cost of running a family home jumps 2.5% to €16,600

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

It costs an average of just over €16,600 to run a family home in Ireland this year, including mortgage costs, property tax, utilities and bin charges. That's almost 2.5% more than last year, according to new figures released by AA Home Insurance. The increase is…

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…

General

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…

General

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…