Local Property Tax changes to be deferred by one year

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Changes to the Local Property Tax are to be deferred by one year

Image: Shutterstock/shutterupeire Image: Shutterstock/shutterupeire THE LOCAL PROPERTY Tax is to be deferred by one year, Finance and Public Expenditure Minister Paschal Donohoe announced this evening.

Another round of valuations were due this year, but because house prices have been rising in the past several years, politicians were concerned that the LPT would rise dramatically when the valuation date of March 2013 was updated. “I have indicated consistently that it was my aim to try to ensure stability in the LPT bills of all taxpayers. Increases for taxpayers in LPT, if any, should be modest, affordable and fair. I have also stated that I would make the position regarding LPT bills for 2020 clear in good time so that households would be aware in advance of the November 2019 revaluation date where their 2020 LPT bills would stand,” said Donohoe.

 

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Just until after the election

Country needs to stand up to the real criminals of this country...... I feel a riot coming on!! But likewise we're just a nation of moaners.... All hot air!!!

Whole thing is an utter disgrace. Nobody should be paying this farcical tax!

Once you’ve spent 25 years plus paying for your home that’s it property tax shouldn’t even be a consideration, it’s owned, bought and bloody paid for, blood and sweat, it’s now your property, just another lousy form of tax, scrap it !!

“Increases to the property tax have been postponed because there are elections this year.”

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Plans to defer changes to Local Property Tax for a yearA deferral of any changes to the Local Property Tax for another year is among the recommendations of the long awaited review of the levy, RTÉ News understands. FYI wexfordcoco Of course they are deferred till after the local elections. Jesus wept. We really must be the stupidest electorate in Europe or at least second only to Britian.
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Changes to Local Property Tax to be deferred by one yearFinance Minister Paschal Donohoe made the announcement after a late night Cabinet meeting. And then they’ll hammer us as house prices rise due to a shortage of supply! Property tax should be index linked at most and not based on the game of fantasy housing market
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A fifth of homes could face higher property tax - new reportChanges to Local Property Tax have been deferred for one year not being smug here, I genuinly would like to understand, to try to boost housing, why it would not be possible to: Increase tax on unoccupied houses in residential area Relief taxation on renovation and/or building projects Increase tax on what ever you define Air BnB and co.
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