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REVENUE HAS LAUNCHED a new website showing property values around the country, which will be used to calculate how much property tax homeowners will have to pay.
The property valuation guide, which can be seen here, gives an estimated price for properties in a given location, rather than specific valuations for individual properties.
The website advises users that there are always properties in an area which will be worth more or less than the average.
Revenue said the valuation is based mainly on the market value of houses in the area sold in the past three years, adjusted for price movements over time.
Users are asked to select their property location, their property type (for example, semi-detached, bungalow, terraced) and whether or not it was built before 2000.
It then displays a map where users have to zoom in closely in order to see the valuation band assigned to their property. This value band will be used to confirm how much property tax a homeowner will pay.
The website warns users that they will have to factor any exceptional factors that could affect the value of the house when they assess how much it is worth.
“If you follow this guidance honestly and if the guidance is indicating a reasonable valuation for your property, Revenue will accept your assessment,” the site says.
The property tax was announced in Budget 2013 and comes into effect from 1 July this year. The tax is paid on the market value of a residential property.
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Is that all?! If they got at Denis they would shake that out of his back pocket.
10m is a pittance. Does that even cover the cost of CAB?
Imagine how much they’d get if they went after the bankers
Great to hear that the CAB are doing great work, hopefully there will be no political interference when ,not if they go after politicians. O; I almost forgot about garda commissioners getting late night visits.
None from any ‘good’ republicans, or even ‘bad’ ones?
I fcuking didn’t. I hate the way they say Irish people. We won’t see a penny of it. Yet we still have to pay for it.
Yeah I don’t think the mean individuals..
Do you actually suggest that the €4m should have been divided and returned in cash to the population of ireland.
i.e. a cheque for less than €1 each?
And in your opinion would that be a better approach than, say, adding a ward of new beds in a hospital and manning them for a year?
Or improving a few accident black spots around the country?
What about our money that was criminally taken by unsecured bondholders and the ECB. The figures from that HEIST would make 4 million look like small change.
Big swinging m€&!?y 4million back to the exchequer, I’m sure multiples of that were spent in its collection.
The Irish people DID NOT get back almost €4 million worth of dirty money in 2014 as that money probably went to the friends and lobbyists of the government, they had a good time with that money…
have your say