darkhorse wrote: » I live in hope. By the way, could you tell me how much approx. would an average worker pay in universal social charge in a year in the UK?
dxhound2005 wrote: » I don't know, I was only telling you about property tax there since you asked me about property tax in other countries. I asked you to tell me about some country with no property tax. Anything for me yet?
3rdDegree wrote: » Are you saying we are expected to get our own houses valued? I presume you'd need to get an estate agent to do it accurately. Or as you say, just guess, and risk the tax man coming after you years later if you undervalued it.
Le_Dieux wrote: » Sure won't we all have to do it Gh? They want US to evaluate our property for them to charge us??? Are they for real, or what??????
dvpower wrote: » Some people want everything just handed to them.
Vladimir Kurtains wrote: » So you'd only pay a property tax if you got an increased level of services?
dvpower wrote: » You are not expected to get an external valuation - it is a self assessment tax. Anyone who lacks the capability to make a half reasonable assessment might just ask a friend or family member to help.
Ghandee wrote: » If they provide the services they get for rates, gladly pay the equivalent of the rates charge.
dvpower wrote: » ... or planned ahead and made provision for their retirement.
Bishop_Donal wrote: » Seems like a genuinely fair proposal to me (if a little on the low side for the moment). Don't think the queues will be too long next time as majority will pay at source. Hopefully it will apply to tenants this time (so as to make sure everyone pays their fair share towards the services upon which they depend). If needs be, the NPPR could also be increased to some extent (although with PRSI to be applied on rental income that might suffice). Critically important that Revenue are also empowered to match HHC payments to catch the 2012 evaders.
SafeSurfer wrote: » So homeowners with experience of perhaps 1 property transaction are expected to value a property which auctioneers and estate agents with years of experience in property valuations find almost impossible to do. Identikit semi ds and apartments in urban areas are one thing but one of houses of different size, age and style in rural areas in the same townland will be very difficult to value.
dvpower wrote: » Its pretty easy to do a ballpark valuation on a property. Obviously some people aren't up to even basic tasks, so they could ask family or friends to help. Or they could ask the local estate agent for a rough valuation if they want - I'm sure they'd be happy to oblige. The last time I was thinking about selling a property, I went to three local estate agents who gave me valuations for no charge.
Bullseye1 wrote: » Seems reasonable.
Ghandee wrote: » Own many do you?
dvpower wrote: » No. Why do you ask?
The last time I was thinking about selling a property,
Ghandee wrote: » Because you said. Which implies you have more than one. A home owner would have prob said, 'when I sold my home/house.'?
dvpower wrote: » Just nosiness, or is the information relevant to this discussion? I would have thought that someone who owned many properties would be more likely to be against a property tax.
donalg1 wrote: » As reasonable as expecting someone to pay for services before demanding they get more services then. The LA's dont have the money to cover the existing services they are providing so the property tax will go towards paying for the services provided currently. So I wouldnt imagine they will be increasing the services until the current services are covered. You wouldnt go to a shop and buy something for €10 and hand the cashier €8 and then say I will give you the other €2 if you give me something else worth €2, basically I will pay you €10 for €12 worth of goods.
dvpower wrote: » Well the argument that its a fundamentally unfair tax seems to be falling apart. If the services were improved, property tax becomes reasonable.
Ghandee wrote: » why if they can pass it on to their tenants?
Bullseye1 wrote: » I'm not against a property tax;) I'm against a property tax to prop up a government that is too big.
Ghandee wrote: » if the councils getting it tight, they could always, you know, slash the workforce numbers, take county managers salaries down from 200k a year to a more realistic level, etc etc. then they might be entitled to come ask us to stump up the shortfall? seem reasonable?
donalg1 wrote: » You wouldnt go to a shop and buy something for €10 and hand the cashier €8 and then say I will give you the other €2 if you give me something else worth €2, basically I will pay you €10 for €12 worth of goods.
donalg1 wrote: » Do you think its reasonable to ask someone to pay for services they avail of?
titsonabull wrote: » I was wondering if anybody has considered the Loan to value ratio with regards to the banks. Say you have a €300,000 mortgage and when you took out the mortgage the house was valued at €650,000 then you interest rate was set out at LTV < 50% and your interest rate would be 3.9% as set out in the table below taken from AIB website. Now with the property tax being self assessed say you don’t have or just don’t want to give the government too much money and you value your house at €300,000. Is there any chance that the bank will come back to you and say you are paying property tax on a house that now you LTV rate > 80% and increase your interest rate by 0.42%. This would amount to almost 05% interest rate rise and approximately €90 / month increase on payments. Anybody got thoughts on this. LTV Variable >80% 4.24% 4.32% EUR 6.18 LTV Variable > 50%< =80% 4.04% 4.11% EUR 6.07 LTV Variable< =50% 3.84% 3.90% EUR 6.00
