Minister for Transport Leo Varadkar has said people who cannot afford the property tax to be announced on budget day next week should be allowed to defer payment.
The budget is not on the agenda for today’s Cabinet meeting but it will be discussed formally for the first time at an additional meeting tomorrow, which is expected to centre on expenditure cuts rather than revenue-raising measures.
According to The Irish Times, Mr Varadkar said he believed a temporary waiver should apply for people “genuinely” unable to pay when the tax is introduced next year.
“We may need a mechanism to allow people to defer payment of the property tax or have it attached to the value of their property if they’re unable to pay it,” he said.
Property tax will be levied from July 2013 and will be collected by the Revenue Commissioners. There has been speculation it will be pitched at 0.25 per cent of house value. The broad outline of the tax will be announced on budget day, December 5th.
Read more in The Irish Times.