wealth tax

Property tax will broaden tax base, insists Noonan

Minister for Finance Michael Noonan has said the local property tax would broaden the base for taxation in a way that does not impact on jobs and provide stable funding for local authorities. The minister said it would, in turn, encourage greater efficiency by…

Noonan insists no decision has been made over property tax

General, Home, Property News

Finance Minister Michael Noonan has re-iterated his Cabinet colleague Leo Varadkar’s statement that the government has made no decision over how the forthcoming property tax would be implemented. His statement comes after weekend speculation that the tax would be based on the value of a…

New property tax could be deducted from wages

Home, Mortgages & Money, Property News

The new property tax could be deducted directly from the wages of PAYE employees, according to reports in the weekend newspapers. It is understood the Revenue Commissioners will have the power to take the money directly from source, while self-employed workers will be required to…

Sinn Féin calls for property tax to be abandoned

Home, Mortgages & Money, Property News

Sinn Féin TD and finance spokesperson Pearse Doherty says that the Government must abandon its property tax plan and reverse the household charge in view of the collapse in property prices. Doherty made his remarks following the release of figures from the CSO, which showed…