My Property Tax Just Went Up €120 – Yours Might Too
5 November - 24 minsShane Beatty’s had enough — his Local Property Tax bill has jumped by €120 after the latest revaluation. Across Ireland, 1.5 million homeowners are being asked to declare what their homes are worth by November 7th or face an estimate from Revenue.
So, what’s behind the new numbers? Why do councils set different rates? And what exactly is all that money spent on?
Economist Dr Barra Roantree from Trinity College Dublin joins Shane on Newstalk Daily to explain how the LPT really works and argue that it’s actually one of the fairest taxes in Ireland. Barra says a stronger property tax could fund better local services… or even help cut income tax. Shane, meanwhile, has other ideas: “Vote for...