27/07/2011

- MORE PAIN FOR CLIENTS AS HOUSEHOLDS HIT WITH NEW €100 ‘PROPERTY’ TAX

Minister for the Environment Phil Hogan has announced a new temporary “household charge” of €100 per year .
Commercial properties and social housing as well as charity-run and sheltered homes are among properties exempt from the tariff. Younger people struggling to make home loan repayments, who qualify under the mortgage interest supplement scheme, can also qualify for a waiver.

The liability date will be January 2012 and households will have three months to pay. Late payment penalties will apply thereafter (€10 a month).

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