The Minister for Finance Paschal Donohoe is planning for “modest” increases in property tax when the deadline for re-evaluating how much householders pay comes around next year. The Government took in just over €480 million from the property tax last year. The current rate of property tax paid by homeowners is based on the value of the property in May 2013. “Any attempt not to pass that on would result in a net increase in property tax prices. The rate of property tax paid by homeowners is based on the value of the property in May 2013.

Source: The Irish Times June 11, 2019 01:52 UTC