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Property tax to be based on property value?

  • 21-12-2011 7:23pm
    #1
    JuliusCaesar
    Registered Users, Registered Users 2 Posts: 4,885 ✭✭✭


    From the Irish Times
    Under the commission’s proposed scheme a charge of €188 would be paid on houses valued at up to €150,000; €563 on houses between €150,000 and €300,000; €938 on houses up to €450,000; €1,313 on houses valued at up to €600,000; €1,699 on houses up to €750,000; €2,188 on houses valued at up to €1 million; €3,125 on houses up to €1.5 million and 0.25 per cent of the valuation on houses over that.

    ......

    Under the scheme proposed by the commission, the current second home charge of €200 a year would be absorbed into the new property tax system.

    Who will value the houses? On what basis?
    Does this mean that if your house is 'worth' €175,000, you pay €563? Whether you are a pensioner or working or on the dole? How can this work?

    Or are they just softening us up, and the end tax will be different?
    Tagged:


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