Household charge will provide 'stable income' for local government
The Society of Chartered Surveyors Ireland has said that the proposed household charge announced as part of Budget 2012 will provide local government with "a more stable and sustainable source of income" than that provided previously by stamp duty.
Plans to introduce a new value-based property tax will be finalised in the middle of next year and Phil Hogan, Environment, Community and Local Government Minister, said the levy on homes will replace the flat rate €100 household charge announced for Budget 2012.
