property tax Archives - Page 2 of 33 - MyHome.ie Advice & Blog

Government’s property tax freeze may be illegal, insist accountants

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

A Government plan to freeze the property tax may not be legal. Minister for Finance Michael Noonan suggested last month the rate could be fixed at 2013 levels until the year 2019. But according to yesterday's Irish Examiner, accountants believe the move could face a legal…

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General

Cost of running a home falls for first time in four years

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

The annual cost of owning and maintaining a family home has dropped for the first time in four years to €16,210.49 – equating to about 41% of the current average Irish national wage – according to figures issued by AA Home Insurance. The AA carries out…

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General

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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General

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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General

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

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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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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