Tag Archives: Local Property Tax

Increasing Band Width

Bodger at 11:45 am June 2, 2021

From top: Minister for Finance Paschal Donohoe and Minister Public Expenditure and Reform Michael McGrath during a press briefing on the Economic Recovery Plan in Government Buildings this morning; The new band charges could be presented to homeowners next January and February

This morning.

Government Buildings.

Minister for Finance Paschal Donohoe gave some detail to his plan to increase Local Property Tax….

…Under the changes, all properties will be revalued on 1 November this year.

According to the CSO, house prices nationally have risen by 90% on average since their low point in 2013.

According to an analysis by the Department of Finance, 11% of property owners may see a decrease in their tax, while 53% may see no change.

It said 33% may see their tax go up one band, up to €100, while 3% may see a jump of two bands or over €100.

The exemptions for people who bought in “ghost estates” will lapse, while exemptions for people in pyrite damaged homes in Limerick and certain eastern counties will be phased out.

…Income thresholds for deferrals have been raised to €18,000 for a single person and €30,000 for a couple.

Local Property Tax valuations to be reviewed every four years (RTÉ

Julien Behal Photography/RollingNews

All Heart

Bodger at 4:24 pm April 5, 2019

There will be no change to the Local Property Tax until 2021. Minister @Paschald has deferred the next valuation date till November 2020 so more work can be done to ensure that any increases will be fair and affordable. #LPT pic.twitter.com/faz5tiVNxc

— Fine Gael (@FineGael) April 4, 2019

Bebe writes:

Just thinking of the electorate eh, Pascaldi ?

Fight!

Context

Affluenza Shot

Bodger at 10:28 am January 14, 2019

Minister for Culture Josepha Madigan

The Local Property Tax (LPT) was based on valuations of house prices after the economic slump.

Those valuations expire later this year and the property market recovery could leave families facing €500 tax hikes.

Culture Minister Josepha Madiganwants lower rates of property tax in affluent areas like her own constituency in south Dublin when the LPT review is completed by the Government.

“I would like to see a lower rate in areas with the highest house prices. Residents of south Dublin, for example, should be entitled to reliefs as they could be most affected,” she said.

FIGHT!

Lower property tax for homes of rich: minister (Ind

Rollingnews