Don Thornhill

30 results

“It’s inequitable. New apartments at Lansdowne Place in Ballsbridge have prices ranging from €825,000 to €6.5 million. The property tax on €6.5 million is €16,000 a year,” said Paddy McCartan. Photograph: Bryan O’Brien

Dublin local authorities stand to lose in the region of €30 million by 2019 in Local Property Tax (LPT) foregone on new homes, figures compiled by Dub(...)

The property tax is only 1 per cent of tax revenue. The economic argument would be to let it drift up over the years and use the cash to cut income tax, or fund key projects. Photograph: Bryan O’Brien

Your local authority does not want your money. At least it doesn’t if you live in Dublin. It is the time of year when local authorities vote on the le(...)

As property prices have not risen at the same rate across the country, it means that some homeowners may be burdened with a far greater rise in the tax than others. Photograph: iStock

Given the furore that greeted the introduction of water charges, the Government timed the introduction of property tax that bit better. With the State(...)

The previous government deferred the time at which houses would be revalued for the purpose of the tax until 2019 – meaning bills would not change until the following year, at the earliest. Photograph: Bryan O’Brien

The local property tax falls due for those making lump sum payments this Wednesday. But the long-term future of the tax remains in question. The pre(...)

Pat Davitt of the IPAV, the representative body for estate agents, said: ‘There is more to property than its market value and includes such characteristics as site size, location, condition, property build size, whether the property is a new build or not and more’

Property tax should be based on the size of a property and not its value, contributors to a recent consultation on the future of the tax have a(...)

There was good news for the self-employed in this month’s Budget; but maybe not as good as some had hoped. Yes, efforts were made to reach the goal(...)

Michael Noonan has proposed postponing the revaluation date of the Local Property Tax until 2019. File photograph: Bryan O’Brien/The Irish Times

The Government is to freeze the amount homeowners pay in local property tax (LPT) until 2019 and is to exempt homes affected by pyrite from the levy. (...)

Don Thornhill, Chairman of Carb

The auditing of the 2008 accounts of the six banks and buildings societies that were the subject of the Government guarantee of that year was “satisfa(...)

Ministers Michael Noonan TD and Alex White TD speaking to media on arrival at the Cabinet meeting at Lissadell House, Sligo this week. Photograph: Dara Mac Dónaill

Is the local property tax, like the water charge, set to be slowly killed off as a meaningful source of long-term revenue for the exchequer? The Gove(...)

Taoiseach Enda Kenny TD and Government Ministers meeting Edward Walsh his wife Constance Cassidy and their children at Lissadell House, Sligo. Photograph: Dara Mac Dónaill/The Irish Times

Harry McGee, Political Correspondent, Lissadell, Co Sligo The Government has committed itself to an effective freeze in property tax when the next re(...)

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