MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • Property Tax likely to be introduced
Uncategorized
May 17, 2010 - 11:35

Property Tax likely to be introduced

The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
Property Tax likely to be introduced

Property Tax likely to be introduced
While we escaped the introduction of a property tax in the last budget it seems that we might not be so luck next time round. The previously much talked about property tax reared its ugly head again just before weekend when our Taoiseach Brian Cowen mentioned during an interview that the Tax is currently being considered for inclusion in the next Budget.

While most, if not all homeowners in the country are financially hard-pressed at the moment, Brian Cowen justified the tax by comparing it to the second home / holiday home tax that was introduced last year “It was a simple tax, it was complied with and it worked well. We have got to look at other areas such as that ... not because you're trying to just impose taxes for the sake of imposing taxes -- we have got to keep expenditure down”. Not only that but he also said that he said, “in hindsight, he should have introduced a property tax to cool the property boom.”

With statements like that the reaction and comments came swiftly from a not so pleased public. “Haven't people already paid enough tax on their property? How much have they paid in VAT and stamp duty - excluding first time buyers? In fact, any more taxes on property would further the case for renting“… “His comments are nothing to do with "learning from mistakes" and everything to do with "how do we justify more taxes".”

Although this is the umpteen time that this property tax has been mentioned it is still not clear when the tax will be introduced, how much it will cost each household and how it will be calculated.

Advertisement

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • law
  • property Ireland
  • tax
The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement