Clare’s Independent TD has expressed hope that changes to the Local Property Tax system aren’t the beginning of of a “raft” of taxes across the board.
An additional one hundred thousand people will get bills for the first time early next year.
It’s one of a range of measures announced as part of the Government’s Economic Recovery Plan.
The Government yesterday announced it’s Economic Recovery Plan, which sets out how Ireland is expected to recover over the coming months and years.
Among the measures is the introduction of a new valuation system, which will result in some homeowner’s bills going up, as others go down.
Properties built since 2013 will no longer be exempt from the Property Tax, which means around 100,000 households will get bills for the first time early next year.
Chief Economist with Davy Conall Mac Coille outlines the changes.
The proposals have been labelled ‘crazy’ and ‘bizarre’ by the Irish Mortgage Holders Organisation, who say it’s the wrong time to make the change.
But Clare’s Fine Gael Senator Martin Conway says the old system wasn’t fair and the new changes will result in additional funding for local authorities to provide vital services.
Clare’s Independent TD has expressed hope that it’s not the first of a raft of changes to the tax system.
Michael McNamara has expressed concern that the country is borrowing large sums of money to stimulate the economy.
Deputy McNamara says reassurances are instead needed that the economy won’t be locked down, as he believes that’s not sustainable into the future.
