Taoiseach: Government will review Property Tax measures

Taoiseach: Government will review Property Tax measures

It has been confirmed that the Property Tax is to be reviewed, to stop households facing a surge in bills next year.

The Property Tax is linked directly to the value every house was thought to be worth in May 2013.

It has been frozen to ease the burden on households.

Since then, house prices have increased significantly, which could see an significant upsurge in the level of tax demanded when it is due to be devalued in late 2016.

However, Taoiseach Enda Kenny has said that some changes are being considered.

"We don't want a situation where people have an explosion in their requirements for Property Tax," he said.

"We'll look at a number of options … including whether you increase the allocation from 85% to 100% for Local Authorities because that's what they requested in terms of the devolution of responsibility."

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