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 local authorities and meet the terms of the agreement of [...]
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16th November 2012
Labour TD calls for more information on Property Register
Labour TD Ciaran Lynch has called for additional information to be added to the Property Price Register. The Register launched at the end of September after a lengthy wait but does not provide information such as the number of bedrooms in a house. Speaking about the Register, Deputy Lynch said: “The price of all property [...]
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5th November 2012
Mortgage interest relief will not be extended, insists Noonan
Finance Minister Michael Noonan has rejected calls from his government colleagues to extend the mortgage interest relief deadline beyond the end of this year. There had been calls from Fine Gael and Labour Party TDs to extend the scheme even for a few months after a noticeable upsurge in property activity since the summer. At [...]
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8th August 2012
Property tax shouldn’t be rushed, insists Keaveney
The chairman of the Labour Party Colm Keaveney has suggested that the government should hold off on implementing the property tax if rushing it through means mistakes are made and it becomes a complicated process. The Galway East TD was responding to proposals from one tax expert that the introduction of the new tax should [...]
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19th June 2012
Tánaiste denies clash over possible implementation of property tax
Tánaiste Eamon Gilmore has denied claims that there has been a clash amongst the coalition parties in government over how to impose the forthcoming property tax. At the weekend Labour Party chairman Colm Keaveney said that the new tax could be deducted at source from PAYE workers’ wages to avoid a boycott similar to the [...]
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19th June 2012
New property tax could be deducted from wages
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 declare the tax in their annual assessment. The move is [...]
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9th May 2012
Labour TD insists NAMA scheme will give people the confidence to buy again
Labour Party spokesperson on housing Ciaran Lynch has welcomed NAMA’s new 80:20 Deferred Payment Initiative, which insulates first time buyers from the threat of negative equity by up to 20%. Speaking on the new scheme, which was unveiled yesterday, Deputy Lynch said: “For too long too much focus has been on the acquiring of property [...]
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16th April 2012
Housing Minister calls for transformation of private rental sector
The Housing Minister wants to see a transformation of the private rental sector. Jan O’Sullivan says unfinished estates must be made secure and safe in the short-term but long term plans must be put in place. She says we must rethink the old hierarchy of the past when it comes to housing. Speaking at the [...]
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10th February 2012
New site sought for Dublin City Library
Labour Party TD Aodhán Ó Ríordáin has called on the Minister for the Arts, Heritage and the Gaeltacht to proactively engage with Dublin City Council and NAMA with the aim of finding a new, more appropriate and iconic site for the Dublin City Library. The Dublin North Central Deputy believes that given our remarkable literary [...]
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10th January 2012
Gas and energy disconnections fall by 10%
The number of gas and electricity disconnections fell by almost 10% in the first eight months of last year, according to new figures publish by the Commission for Energy Regulation. The figures suggest that more customers in arrears are successfully arranging pay agreements with their providers. They show that electricity disconnection rates in the first [...]
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no way has it bottomed out as the next budget will crucify us even further. Overspending in heal...
