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TaxFix.co.uk via Flickr

Self-declared property tax valuations to be returned by end of May

The Revenue Commissioners say the amount of the tax will be determined by the value of a home on May 1.

THE REVENUE COMMISSIONERS has announced further details of how the new property tax will be levied – including details of the deadlines by which declarations of the value of a home will have to be returned.

Revenue has this morning confirmed that the value of the tax to be paid this year will be based on the self-assessed value of a home on May 1 – with paper filing of returns due by May 7, and online filing due by May 28.

The National Property Price Register and current property sales listings have been recommended as a way for householders to estimate the current market value of their homes.

Revenue also hopes to publish an online interactive guide to indicate prospective property prices at its website, www.revenue.ie, this weekend.

Revenue chairwoman Josephine Feehily this morning said there may be some initial errors in the rollout of the charge, as it does not have any existing comprehensive record of properties in the country, meaning a “small minority” of households may have forms posted to them in error.

“This could occur, for example, where a son or daughter paid the Household Charge on behalf of a parent and the Household Charge system connected the property to the payer rather than the owner,” she said.

Householders who receive a mail from the Revenue on the charge, but who are not the owner of the property being referred to, have been advised to contact Revenue immediately so that the property’s true owner can be contacted instead.

“An essential feature of self-assessment is the presumption of honesty – the same as all other taxes.  When we say where Revenue’s guidance is used honestly we will accept the valuation submitted we mean just that.”

Finance minister Michael Noonan has previously indicated that householders who underdeclare their value of their homes, in order to reduce their tax liability, will be forced to pay arrears tax if the house is sold on.

The purchaser of a new property will be obliged to inform the Revenue Commissioners if the price they paid for the home is significantly less than the Revenue’s valuation – which will be part-determined by entries to the National Property Price Register – in order to avoid extra liabilities themselves.

Read: Tánaiste defends changes to maternity benefit, property tax

More: This is what the new Local Property Tax form will look like…

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45 Comments
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    Mute Emmet O'Sullivan
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    Mar 7th 2013, 1:27 PM

    I never knew revenue were auctioneers and valuers….:-)

    Houses are only worth what someone will pay and a valuation at this current time will be totally incorrect….

    252
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    Mute Rob Cunningham
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    Mar 7th 2013, 9:13 PM

    Have they not heard us, we’re not paying this thing. Especially while we have no breakdown of what we get for it.

    25
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    Mute Justin Gillespie
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    Mar 7th 2013, 10:53 PM

    I wish you luck with that Rob.

    5
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    Mute Regonald Timpson
    Favourite Regonald Timpson
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    Mar 7th 2013, 1:02 PM

    I hope people realize there is still an option to abolish this family home tax by voting for parties who oppose it.

    2016 is just around the corner…

    198
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    Mute Jimmy
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    Mar 7th 2013, 1:16 PM

    …But Reg, the country is broke as you like to point out constantly…..

    69
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    Mute Barry Doyle
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    Mar 7th 2013, 1:36 PM

    I wonder if they have a property tax in Greece?

    59
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    Mute Martin Gregory
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    Mar 7th 2013, 1:41 PM

    How about not voting in people that left us in this situation in the first place & not voting the people that got in after & are trying to tax their way out of it which is going swimmingly

    60
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    Mute R Neuville
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    Mar 7th 2013, 1:50 PM

    Beppe Grillo and Silvio Berlusconi to run candidates in the next Election …great!

    - No Family Home Tax
    - No Inheritance Tax
    - No Gift Tax

    Only progressive taxation => Democracy not Taxocracy.

    49
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    Mute Little Jim
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    Mar 7th 2013, 1:51 PM

    We’ve just started 2013, its a long long way to 2016!
    We’ll have turned some corners by then.

    48
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    Mute Liam kelly
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    Mar 7th 2013, 2:02 PM

    Surely reggie your not suggesting that you should let someone else pay? Arnt we broke?

    In your own words ( sorta )..
    ” don’t tax me, don’t tax thee, tax that one behind the tree!”

    :)

    28
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    Mute Ann Murphy
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    Mar 7th 2013, 3:07 PM

    Yes but that’s 3 yrs away and by then whoever gets voted in isn’t going to change it.

    29
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    Mute GatheringYourMoney
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    Mar 7th 2013, 7:35 PM

    Yes Jimmy.
    But the people who are being asked to pay this Seanie Fitz Gambling Tab Tax are even more broke.

    19
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    Mute Dermot O'Shea
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    Mar 7th 2013, 8:02 PM

    What opposition parties are you talking about ? They dont know the meaning of the word. useless feckers

    13
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    Mute John Tierney
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    Mar 7th 2013, 1:36 PM

    This is what people have been waiting for. This is our time for mass non-compliance. This is the time for everyone in the country to protest this tax. Let’s send a clear message to FG, Lab, and FF.

    173
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    Mute Sean Morris
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    Mar 7th 2013, 1:55 PM

    hopefully John… but typically Irish ppl will bend over and take what ever is thrown at them

    108
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    Mute Marcus Reynolds
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    Mar 7th 2013, 3:21 PM

    It would seem to me a good way to protest this “morally wrong,unjust and unfair”(Enda Kenny,1994) tax would be to post the letters back to the revenue un-opened with “delivered to the wrong address” written on the envelope.

    77
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    Mute PunchUinFACE
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    Mar 7th 2013, 1:33 PM

    love this “presumption of honesty” Yeah, well thats what the public thought about its, TD’s, Senators, bankers, planners,auditors councillors etc etc

    presumption is the mother of all ………

    158
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    Mute Gerry Corbett
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    Mar 7th 2013, 1:36 PM

    What valuation can be put on a property bought for 300000 with outstanding debt of 250000 and no one wants to buy
    Nothing me thinks

    150
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    Mute Hugh Corrigan
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    Mar 7th 2013, 2:17 PM

    Easy answer. It’s €50,000 value.

    41
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    Mute Gerry Corbett
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    Mar 7th 2013, 2:53 PM

    You missed the line no one wants to buy Hugh ^ value less^

    52
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    Mute Paul Sherwood
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    Mar 7th 2013, 8:29 PM

    I don’t own my house. I just have a contract to rent for the next 25 years from the bank

    36
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    Mute Anthony Cronin
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    Mar 7th 2013, 5:15 PM

    The intimidation that is being trotted out on radio and TV is disgraceful. I listened to my mother (75) and her friends all getting scared by this. This is no longer a state that respects it’s people. Shame on ALL political parties for their collusion in this bully boy tactics.

    112
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    Mute Dermot Purcell
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    Mar 7th 2013, 9:42 PM

    ANTHONY the politicians do not care about you ,they do not care if you can or cant eat ,all they care is their big fat pensions and wages now we know how our ancestors felt when they were being treated like cattle from the brits.

    20
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    Mute Ucanthandlethetruth
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    Mar 7th 2013, 1:12 PM

    Bully tactics on the public by the Stasi revenue.

    90
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    Mute Eugene O'Rourke
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    Mar 7th 2013, 2:11 PM

    It is one thing to bring in a property tax and it is another to bring in this joke of a tax where the liability for a tax is joint for a couple, friends, business partners, ex-couples etc. You may own 50% of the property by way of Tenants in Common but yet you are liable to 100% of the property tax if the other party does not decide to pay. The first thing a solicitor asks you when you buy a property is your PPS number to register the property so you would think that they could get it right. Are we going to be liable to pay other people’s income tax? Shambles the way Revenue and Government are setting it up.

    82
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    Mute sean
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    Mar 7th 2013, 3:59 PM

    Don,t open the letter , simply mark it” return to sender”

    78
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    Mute Kevin McCarthy
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    Mar 7th 2013, 2:29 PM

    Would they ever just sod off. This govt is an alien govt and don’t represent us.

    69
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    Mute R Neuville
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    Mar 7th 2013, 1:52 PM

    Revenue Form for Household Tax is missing these tick boxes:-

    1. “I agree that my taxes can be confiscated by my TDs and used to pay off the debt of private companies e.g. banks, either directly or indirectly.” Tick here: YES: [ _ ] NO: [ _ ]

    2. “I agree that the Irish Revenue Commissioners or its staff or agents can transfer my taxes to the Irish Exchequer to be used to pay off the debts of private companies e.g. banks, either directly or indirectly.” Tick here: YES: [ _ ] NO: [ _ ]

    3. “I agree that the Irish Revenue Commissioners or its staff or agents can take this tax from my pay, pension, bank account or welfare payments without my approval” Tick here: YES: [ _ ] NO: [ _ ]

    4. “I agree that any Government or its staff or agents can increase this tax without any reference to me” Tick here: YES: [ _ ] NO: [ _ ]
    ————————————————————————————————————-
    “A declaration is not invalid for want of form” … you are not restricted by their form.

    68
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    Mute Leonard Washington
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    Mar 7th 2013, 12:57 PM

    Mine won’t.

    33
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    Mute Ciaran Morgan
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    Mar 7th 2013, 7:22 PM

    It never ceases to amaze me how many pro government posts to journal.ie come from twitter accounts set up within a day or 2 of the post. Fine Gael must be paying serious money for these goons to constantly register accounts.

    Ceausescu would be proud!

    30
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    Mute James Reilly
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    Mar 7th 2013, 7:03 PM

    What part of fu€k off does FG FF & Lab not understand !!

    29
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    Mute karla carroll
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    Mar 7th 2013, 5:35 PM

    -1,000,000,000.00 how much do the revenue owe me?

    29
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    Mute Tom O Brien
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    Mar 7th 2013, 9:20 PM

    It’s like living in a dictatorship looking at the news. A State controlled broadcaster being used to dictate & scare/bully the drones. Also, Where did they find this Josephine Feehily one. She’s a right wagon. Ironically the next story on is about how 1 in every 5 mortgages in the country Is in arrears. It would be funny if it weren’t so tragic.

    26
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    Mute Dermot Purcell
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    Mar 7th 2013, 9:54 PM

    tom its like living in a dictatorship it is a dictatorship .

    10
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    Mute John
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    Mar 7th 2013, 9:00 PM

    Everybody is against this unjust home tax so I have a suggestion. Meet at the garden of Remembrance on Monday 11 March at 9am to start a three day general strike and it could be all over by Wednesday and we will then have stopped this home tax once and for all. If this is not what the government want then they have the chance to abolish the tax by 9am Monday. Remember people we need a massive crowd there so hopefully this will happen.

    24
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    Mute Declan Mc Auliffe
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    Mar 7th 2013, 1:20 PM

    Important to get valuation correct or revenue will be chasing you later

    20
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    Mute ADEBAYO FLYNN
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    Mar 7th 2013, 1:28 PM

    Hard to determine ‘right’ when nothing is moving.

    It’s a mess from start to finish and it is one big can of worms that is going to cause a complete and utter shitstorm. Should be a flat 200 per year, then everybody would comply and they would efficiently collect something substantial.

    68
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    Mute Eamonn Bolger
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    Mar 7th 2013, 1:44 PM

    And this on a day when it transpires that 1,000 people a month are falling into arrears. What a joke shop of a government. Propped up by a “socialist” party.

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    Mute Ann McGuckin
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    Mar 7th 2013, 5:59 PM

    At the end of the all the guessing in the world doesn’t change the fact that your property is only worth the amount that the purchaser is willing to pay for it!

    37
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    Mute Ann McGuckin
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    Mar 7th 2013, 5:24 PM

    Are people who are on the shared ownership scheme liable for the full rate of property tax? Would the full charge or the percentage of the charge that they own apply?

    9
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    Mute Candy Kennedy
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    Mar 7th 2013, 11:19 PM

    Awful tactics being employed by government to terrify people into paying the property tax….take it from pay, bank a/c, welfare payments ,attachment order on your wages to employer. And if employer doesn’t comply, he/she will be fined E100 per day!!!!! Keeping the population under the cosh – disgraceful.

    8
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    Mute Mike Murphy
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    Mar 7th 2013, 2:10 PM
    7
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    Mute Peter Richardson
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    Mar 7th 2013, 9:29 PM

    I have a Gerry built home built by a Gerry builder which has been a money pit. A Fianna Fail linked developer built crap properties and now FG Labour wish to tax the property.

    What do I believe that the Government is not the friend of the people?

    6
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    Mute Notonthedoleanymore
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    Mar 7th 2013, 1:58 PM
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    Mute theantilooter
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    Mar 8th 2013, 12:51 AM

    Houses that are adapted for the disabled are exempt. So adapt your house and avoid the tax legally. Many older people will have adapted houses so will be exempt….

    1
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