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Homeowners To Pay More Property Tax From 2020

: 04/16/2018 - 10:30

Homeowners will have to pay more in property tax from 2020.

A review of the system is currently underway, with new calculation methods due to come into force in the next two years.

It's to avoid uncontrolled spikes in the tax due to house prices continuing to skyrocket and to tax houses built since 2013.

The Irish Examiner reports that Finance Minister Paschal Donohoe says the planned increases will be affordable and well understood.

 

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