Ghandee wrote: » Saved you the bother Donal.;)
Bullseye1 wrote: » Knowing Irish politics there is every chance the property tax could be scrapped if the opposition run on that platform to remove if they got re-elected. Sure didn't many of the pro side say that if your not happy wih it vote for another party to remove it. You cannot have it both ways. What is your opinion on a organisation, revenue, with no expertise sending out valuation letters?
donalg1 wrote: » I thought Revenue are only going to be collecting the money, the Government have decided on the bands of Property Tax and its up to the owner to decide on the value of thier house and fit it into the relevant band. Now I am sure if someone wants to take the p1ss Revenue will get a valuation carried out on the property and use this as the real value and then charge the owner the valuation fee if their happens to be a discrepancy between the actual value and the one the owner decided to take the p1ss over.
Bullseye1 wrote: » According to reports, Revenue will send you a value "THEY" think your house is worth. If you believe they are off the mark and send in your own valuation you leave yourself open to a review and inspection. IF you employ a VALUER then Revenue will not question the value. What is Phil Hogan's profession again? Oh and what if Revenue are off the mark and the Valuation carried out by the Valuer is correct can the householder put the cost of having the valuation carried out against his property tax bill? I bet not. No doubt you have no problem with that either.
donalg1 wrote: » I havent seen anything saying Revenue will send me a valuation...
The Revenue Commissioners will provide indicative property values that liable persons can rely on to assess the valuation band for their property. Alternatively, a liable person can self-assess or use a competent valuer. Where the Revenue indicative value is selected, or where certain procedures (such as engaging a professional valuer) which will be published in guidelines or regulations, are followed by liable persons, property valuations will not be challenged by the Revenue Commissioners. This, and the 3-year valuation date, will provide certainty for liable persons in relation to valuation.
donalg1 wrote: » I havent seen anything saying Revenue will send me a valuation, I thought that I decide which band to put my house in and pay the corresponding amount then. Well if you decide to hire a valuer yourself you are deciding to pay the fee for this, so why would Revenue offset this amount against your property tax? Its not like you have paid Revenue to value it and its not as if you had to pay a valuer, as you decided to get it valued yourself and therefore pay for the valuation yourself.
Vladimir Kurtains wrote: » They will:
Bullseye1 wrote: » Read post immediately below yours and then come back to me.
Bullseye1 wrote: » Have you not been listening to the news? It has been stated that they will send you an actual valuation.
donalg1 wrote: » Well based on the paragraph I just read I would interpret it as them sending me guidelines to be used when self-valuing my property.
Vladimir Kurtains wrote: » I read "indicative property value" as being their assessment for the purposes of the tax. That seems to be the way most of the media are reading it too.
THE Revenue will tell every homeowner in the country how much it thinks their home is worth -- and how much they should pay in property tax -- in letters to be distributed within weeks.
Bullseye1 wrote: » Fair enough. I look forward to hearing from you when you get your valuation and its above what the house is worth.:p
Bullseye1 wrote: » http://www.independent.ie/business/personal-finance/property-mortgages/revenue-to-decide-value-of-homes-for-property-tax-3343775.html
donalg1 wrote: » I would see it as indicative property value being something like the value of houses in this area are generally €200k which is an indicative value or something along the lines of a 4 bed in the area on 1 acres indicative value is €230k.
Experts warn Revenue home values may be 'wildly wrong'
"Revenue will be taking a stab at valuations and then seeing if people contest it. They'll be effectively groping in the dark. We will hear horror stories of small houses being valued as much larger houses."
Mr Lyons said the Revenue has been handed an impossible task, and insists professional valuations are the only way to get the right information.
Vladimir Kurtains wrote: » Are we kind of getting into semantics here a bit? Given that the tax will be band based, it matters little if you get a letter saying "we believe your house is worth €176,000" or get one saying "we value your house at between €150,000 and €200,000". Either way, you're paying the same tax.
Bullseye1 wrote: » http://www.independent.ie/business/personal-finance/property-mortgages/experts-warn-revenue-home-values-may-be-wildly-wrong-3346463.html The Endgame.
donalg1 wrote: » Well sure it will be pot luck for some then but those that want to contest it can decide if they want to pay a valuer or not in order to contest it.
Bullseye1 wrote: » That is the point you have an organisation who have no idea about property values responsible for giving property values. Only in Ireland would this be considered acceptable. If you disagree and send in a value you think its worth Revenue can employ a valuer and send you the bill. But if you turn the tables you have no chance of remuneration.
Ghandee wrote: » 'some' being the ones already registered, and whose name will appear on the letter as opposed to those who refused to register getting the generic 'dear homeowner'? Is that what you mean? Great way to utilise our revenue resources.....
donalg1 wrote: » Arent the dear homeowner letters being issued because people havent registered and its these people wasting the revenues resources costing every tax payer in the country money. :P
Ghandee wrote: » So 'doing nothing' is effective? It'll delay them by a sufficient enough time for the next general election to roll around? 700,000 people, how many a year to track?
