Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
06/12/2011

Value-Based Property Tax Revealed

Plans to introduce a new value-based property tax have been announced by the Irish Government, according to the Irish Independent.

The proposal has been put forward with finalisation of details scheduled for 2012.

The €100 charge, costing families approximately two euro a week, will raise €160m a year to fund local services including fire and emergency services, libraries and leisure facilities.

Speaking to the newspaper, Phil Hogan, Environment, Community and Local Government Minister, said: "A full property tax, requiring a property valuation system, will take time to implement, so the Government is introducing the interim household charge to apply to the majority of owners of residential property in the State.

-- Advertisement --

"It is essential if we want to continue to have the level of local services we expect, such as fire and emergency services, well maintained streets, public parks, waste services, libraries, open spaces and leisure facilities, that we provide the necessary financial resources to pay for them."

Social housing and ghost estates will be exempt from the charge. It is not yet known how unfinished housing estates will qualify.

"I have also introduced provisions in the Bill to protect vulnerable groups in society by providing a waiver for those on mortgage interest supplement and those residing in certain unfinished housing estates," added the minster.

The proposed levying of a €2 per week, may pose a challenge to some lower income households, and may even deter new house buyers from entering the market.

Horgan noted that the Bill will provide details outlining the need to implement a payment instalment plan for those who this additional cost may hinder: "I understand that the introduction of the household charge, even though modest at less than the equivalent of two euro a week, represents an additional cost for homeowners so I have provided in the Bill that it may be paid in a number of instalments."

(HMcE/GK)

Latest Construction News

25/11/2024

Northern Ireland-based construction company GRAHAM has been awarded Platinum accreditation by The 5% Club, which is their highest level of accolade. The 5% Club company, a benchmark of investment in future talent, awarded GRAHAM the Platinum membership for their unwavering commitment to empowering ...
25/11/2024

Building and civil engineering contractor Farrans, based in Dunmurry, Northern Ireland, has been selected as one of 19 businesses as preferred partners to SP Energy Networks' record £5.4bn supply chain contract programme. SP Energy Networks have selected the 19 companies to help them deliver the ...
25/11/2024

Energy provider ESB Networks has been working over the weekend to restore power to 60,000 homes predominantly in counties Donegal, Sligo, Mayo and Galway following the impact of Storm Bert. As of 5.10pm, 11,000 of ESB Network's customers remained without power, meaning 49,000 homes had saw their ...
25/11/2024

Alliance has rejected Infrastructure Minister John O'Dowd's claims that NI Water's funding model is 'fit for purpose'. Alliance Infrastructure spokesperson, Andy McMurray, accused the Minister of "burying his head in the sand" over the funding issues and stated that the Minister rejected evidence ...
25/11/2024

Grass Pitch Refurbishment Projects in Sandyford, Dublin, have successfully been completed, Dún Laoghaire-Rathdown County Council (DLR) has announced. Pitches at both Moreen Park and Páirc Uí Bhriain were the subject of upgrade and improvement works as part of an ongoing programme aimed at ...
25/11/2024

Northern Ireland construction company McLaughlin & Harvey placed runner-up for social impact at the Considerate Constructors Scheme (CCS) End of Year Gala. The event, recently held at the Natural History Museum in London, recognises and celebrates outstanding company-wide performance among ...
25/11/2024

Expert water services crews are working to locate and repair a major pipe burst which is impacting water supply across Mid Kerry, Uisce Éireann has announced. The affected raw water pipe provides water to the Mid Kerry Gearha Water Treatment Plant supplying Listry, Beaufort, Killorglin and ...
25/11/2024

Uisce Éireann has temporarily shut down the Dunmanway Water Treatment Plant in Cork after it was impacted due to poor raw water quality from storm flooding. The turbidity of the incoming water for treatment remains high, resulting in the closure of the plant, and reservoirs in the area are now ...
25/11/2024

Irish Government has offered financial support to householders who have been impacted by Storm Bert. The Humanitarian Assistance Scheme provides income-tested financial support to those whose homes have been damaged from flooding and severe weather events and who cannot meet costs for essential ...
25/11/2024

A topographic and hydrographic survey will be carried out from today onwards by Murphy Geospatial Limited for the N17 Knock to Collooney [Atlantic Economic Corridor] Project. The project will consider the upgrade of the existing N17 from Knock in County Mayo to Collooney in County Sligo. The ...
GS Concrete PumpingFleming DoorsScannell Safety ServicesShannonside GalvanizingTool FixFreefoam Plastics (Ireland)SlanetracMcHale Plant Sales LtdFlynn Furney Environmental ConsultantsCarlow Concrete Tanks
Terms and Conditions
2024/11/26 13:34:37