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  • Pensioners may be excused from paying property tax up front
Uncategorized
Apr 16, 2012 - 15:47

Pensioners may be excused from paying property tax up front

The MyHome Newsdesk
By The MyHome Newsdesk
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Pensioners may be excused from paying property tax up front

Pensioners who are on low incomes could be spared from paying the property tax upfront, according to reports at the weekend.

A full property tax is expected to be introduced next year to place the controversial €100 household charge. The new property tax will be a lot more than the current household charge, prompting fears amongst sectors of the elderly community that they will be unable to pay due to their lack of regular income.

However, The Sunday Business Post reported yesterday that a scheme is being considered whereby the payment could be collected from the proceeds of a persons’ estate after they die.

A graded system of payments – which is expected to be based on site value – is set to come on stream next year but it’s understood the publication of an expert report on the property tax – which had been due at the end of this month – may now be postponed until after the referendum on the EU treaty on May 31.

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  • Tags
  • €100
  • elderly
  • estate
  • graded system
  • household charge
  • pensioners
  • property tax
  • regular income
  • Sunday Business Post
The MyHome Newsdesk
By The MyHome Newsdesk
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