HomeNewsLimerick households pay over €6 million property tax

Limerick households pay over €6 million property tax

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home_lg1HOUSEHOLDERS in Limerick have paid over €6 million so far in property tax, according to the latest figures released by the Revenue Commissioners.

The statistics also show that Limerick County has one of the highest compliance rates in the country with 91 per cent of households paying the tax to date, compared to the national average of 89 per cent.

Limerick City has a slightly lower-than-average compliance rate of 86 per cent.

The Revenue Commissioners had expected to collect €2.1 million altogether in the City, and have so far received €1.6 million.

In the county, approximately €4.3 million of an expected €5.5 million has been collected.

Last week the Revenue Commissioners issued a seven-day warning to property owners who had yet to pay, saying that if it was paid within a week of receiving the letter they would not be hit with penalties or interest

Some 40,000 letters will be sent to households all over Ireland by the end of the month.

Limerick Campaign Against Property Tax and Austerity (CAPTA) spokesperson John Loftus said that the figures show “the devastating impact of this tax on the local economy”.

“It has taken €6 million out of the Limerick economy so far this year – how many jobs has that cost locally?”

He added: “The government are now preparing to double the property tax in the new year, and introduce a new rake of austerity measures in the October budget. We must prepare to fight back against these unending attacks on our living standards.”

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