Up to 80,000 homes will not pay local property tax until 2021, because of a decision to delay a review of the tax, the Irish Examiner can reveal. Homes built since 2013, when the LPT was introduced, were not subject to the tax and, given the decision to delay the review again, such homes will remain exempt. Homeowners in such new properties will be between €2,100 and €3,500 better off than those in pre-2013 homes, who had to pay the tax. In 2016, former finance minister Michael Noonan delayed the review of the tax until 2019 and, earlier this week, his successor, Paschal Donohoe, delayed it until 2021. Fianna Fáil leader Micheál Martin accused the Government of delaying the review of the local property tax for electoral reasons.

Source: Irish Examiner April 05, 2019 22:52 UTC