Fine Gael TDs want taxes to stay in locality

Disgruntled Fine Gael TDs are set to put pressure on the Government to amend legislation on the property tax, as demands for the charge are sent to homeowners this week.

The move comes as the Government prepares to announce strict quotas agreed with the main Irish banks on the restructuring of distressed mortgages.

More than 1.6m households will begin receiving demands for the new property tax from today.

Revenue have outlined a series of radical methods of retrieving payments from property owners who fail to pay the levy, including from the self-employed and Opposition TDs opposing the levy.

A number of Fine Gael TDs want changes introduced so a higher proportion of the funds collected from the levy remain within localities.

The Government also faces demands from TDs that rates in areas can be changed from next year.

Dublin South East TD Eoghan Murphy said he is preparing legislation and policy changes on tax rules for the Dáil, which he intends to announce in the near future.

He wants up to 80% of funds raised in a locality to be used for services there, as opposed to the currently proposed rate of 65%.

He told the Irish Examiner there was widespread support in his party for this measure.

“A higher rate of retention would be easier for people to accept,” he said.

He and other party TDs also want local authorities to have the power to reduce rates of the tax from the beginning of next year as opposed to from 2016.

A number of Fine Gael TDs, including Olivia Mitchell, Peter Mathews and Mary Mitchell O’Connor have already said the new tax is anti-urban.

Meanwhile, the Government is expected to announce measures in the coming days to address the growing numbers of distressed mortgages.

A quarterly quota on restructuring loans has been agreed with banks. However, there is some concern this could see more families struggling with repayments kicked out of their homes. deputy Labour leader Joan Burton told one Sunday newspaper that a new wave of repossessions would “not be allowed to happen”.

But other ministers hinted yesterday that a rise in repossessions by the banks was on the cards.

Communications Minister Pat Rabbitte, Ms Burton’s party colleague, said it was “inevitable” there would be an increase in properties seized back by lenders.


Incarcerated in Auschwitz and other Nazi death camps Zuzana Ruzickova somehow survived and went on to create the complete recordings of her beloved Bach, writes James Lawless.Book review: Nazi horrors replaced by brutal Soviets for piano player

The Menu was delighted to make recent mention of a new UCC postgraduate diploma in Irish food culture and is equally pleased to announce availability of two new bursaries for same.The Menu: Food news with Joe McNamee

Milky skincare ingredients keep skin fresh and often suit the whole family, it’s moo-vellous, writes Rachel Marie Walsh.Product watch: Milky skincare ingredients for the whole family

George Orwell’s classic novel foretold a lot, but the manner in which we’ve handed over our personal data to faceless corporatocracies is doubleplus-ungood, says Suzanne Harrington.How we sleepwalked into George Orwell’s nightmarish vision

More From The Irish Examiner