Government officials are examining whether there will be scope in next year’s budget for an investment programme of €1 billion or more targeted at the construction sector. The debate comes against the backdrop of demands from the Department of Public Expenditure for deep spending cutbacks in health, social welfare and education in the next three [...]
Read More >Tag Archives: budget
17th January 2013
Call for councils to be able to vary property tax by 25%
Labour TD for Dublin Mid-West, Robert Dowds, has said that Finance Minister Michael Noonan should change the local property tax law by giving local councils the power to vary the rate in their area by up to 25% from the national rate. “While I support a property tax in principle, the local property tax as [...]
Read More >
7th December 2012
The property tax: what now?
So the property tax is finally here. Or at least it will be come July 1st next year. It would have been no surprise to anyone to see the new charge announced in Wednesday’s Budget. However, that doesn’t make it any less easy to bear for households who are already struggling – many of whom [...]
Read More >
5th December 2012
Calculate the property tax on your home with MyHome
Budget 2013 – The property implications It was no surprise to many that a property tax was introduced in today’s Budget. The introduction of the new charge on households had been earmarked for over a year What other implications had today’s Budget got on property though and what will you pay? MyHome.ie has developed a [...]
Read More >
27th November 2012
Waiver may apply for those unable to afford property tax
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 [...]
Read More >
22nd November 2012
Ulster Bank yet to pass on full mortgage interest relief
Ulster Bank has said it will make a lump sum payment to mortgage customers short-changed by its failure to give them the right level of mortgage interest relief. The Government had increased the relief for those who bought houses during the boom in Budget 2012. Due to technical issues the bank has been paying [...]
Read More >
13th November 2012
Tax bills to rise by 10% next year
Tax bills are set to rise by more than 10% in 2013, even without any increase in income tax, an analysis by Grant Thornton has estimated. PAYE households may have to pay over €3,000 in additional taxes next year through a combination of increased PRSI and Universal Social Charge contributions, reduced pension relief and a [...]
Read More >
9th November 2012
Ulster Bank fast-tracking mortgage applications
Ulster Bank has put in place a 24 hour system to fast track mortgage applications for people hoping to avail of the current mortgage interest relief offer before it expires on December 31st. The relief, which was introduced in last December’s Budget by Finance Minister Michael Noonan, is worth up to €18,000 for a couple [...]
Read More >
24th October 2012
No information to be revealed about property tax before the Budget
No information will be revealed about the forthcoming property tax before December’s Budget, Minister for the Environment Phil Hogan has said. The tax on households is set to be implemented in the Budget but despite speculation over how it would be introduced, Minister Hogan is remaining tight-lipped. He did admit, however, that local authorities would [...]
Read More >
17th October 2012
Local authorities will set their own property tax rates in future
Local authorities will in time be given powers to set their own property tax rates in order to generate funds to support provision of services in their areas, Minister for the Environment Phil Hogan has said. According to The Irish Times, the development, announced by the Minister at the publication of a programme of local [...]
Read More >
no way has it bottomed out as the next budget will crucify us even further. Overspending in heal...
