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Property tax increase in 2020

There will be increases in property tax next year, but they'll be moderate. The Taoiseach has sai...
Newstalk
Newstalk

13.40 26 Dec 2018


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Property tax increase in 2020

Property tax increase in 2020

Newstalk
Newstalk

13.40 26 Dec 2018


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There will be increases in property tax next year, but they'll be moderate.

The Taoiseach has said that just because house prices are continuing to rise, it doesn't mean that property tax will too.

Leo Varadkar says he wants a level playing field across the country.

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The Taoiseach says the government wants make sure that the amount of revenue that’s collected by the local authorities from property tax is roughly the same.

They also aim to reform the property tax so that all of the money that you pay in your property tax goes to your local authority. At the moment, in the urban local authorities and a few of the wealthier counties, about 20% gets diverted to less well-off counties. 

Leo Varadkar says there would still need to be an equalisation fund to make sure those less well-off countries, particularly down the West, don’t lose out


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