South Dublin and Dún Laoghaire Rathdown councils join Dublin City in setting 15% reduction
The median price of a home purchased in the 12 months to June 2023 in Dún Laoghaire Rathdown was €630,000, according to the CSO. Photograph: iStock
At Dún Laoghaire Rathdown County Council motions calling for the full 15 per cent reduction were tabled by Fianna Fáil and Fine Gael. However, Cllr Dave Quinn of the Social Democrats asked the council to consider a zero per cent reduction that would add more than €8 million to the council’s budget. But he said the council should refund all those who lived in a house valued at less than €700,000. In this way he said the tax would be paid by those who could most afford it and the council would have vital finance for community development.
Cllr Hugh Lewis of People Before Profit said he opposed the introduction of property tax and had consistently opposed it ever since. He paid tribute to Mr Quinn’s proposal to refund those who lived in houses worth less than €700,000 but he said the problem was one that central government should solve.In adopting the maximum discount available, the council followed Dublin City Council which last week also opted to apply a 15 per cent discount.
According to the Central Statistics Office , the median price of a dwelling purchased in the 12 months to June 2023 in Dún Laoghaire Rathdown was €630,000.shows that a house valued at the €630,000 median would be liable for the annual tax of €675 – but after the local authority reduction of 15 per cent, it will amount to €573, a reduction of €102.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Two Dublin men are going to get married to avoid inheritance taxThe website for Irish women
Read more »
96th-minute goal rescues Chelsea against 9-woman Man CityElsewhere, Liverpool made it two wins from two.
Read more »
Exclusive: Stripe may buy Dublin office to increase space as hiring plans heat upThe Collison brothers’ Patrick and John payments company is in talks with estate agents about a significant deal for more property in Dublin
Read more »
Dublin hotel scoops award for best resort to get married in EuropeThis year, the prestigious award of best wedding venue in the whole of Europe at the World Travel Awards has gone to a Dublin hotel.
Read more »
Ironbound review: wit and humour in bleak portrayal of difficult lifeDublin Theatre Festival 2023: Martyna Majok’s Polish characters are pitch-perfect
Read more »