Advertisement

Finance Minister says property tax will not increase in line with rising house prices

The Finance Minister says the property tax will not increase in line with rising house prices. Mi...
Newstalk
Newstalk

16.44 22 Jul 2015


Share this article


Finance Minister says property...

Finance Minister says property tax will not increase in line with rising house prices

Newstalk
Newstalk

16.44 22 Jul 2015


Share this article


The Finance Minister says the property tax will not increase in line with rising house prices.

Michael Noonan says the Coalition will examine ways to assess the levy - and whether it should be collected by central government or managed by local authorities.

He says there will be no ‘sudden shocks’ in the demand for property tax.

Advertisement

Minister Noonan says the Government wants to keep the take in line with current levels:

The Tánaiste has previously said a cap is being considered on the charge when a three year freeze expires next year.

Revenue said earlier this year that compliance rates of 96% were achieved last year in relation to local property tax.


Share this article


Read more about

News

Most Popular