Wednesday 26 April 2017

Editorial: Keeping property tax funds local will ease pain

The Revenue believe the compliance rate for 2013 property tax is 93pc, while they estimate compliance for 2014 around 88pc. Picture posed: Thinkstock
The Revenue believe the compliance rate for 2013 property tax is 93pc, while they estimate compliance for 2014 around 88pc. Picture posed: Thinkstock

Another threatening property tax deadline looms and yet again the public response is to rush at the 11th hour and pay up. The Revenue Commissioners had an impressive in rush of funds in recent days. Two thousand householders have stumped up a massive €4m in the past few days and by another yardstick one 48-hour period brought in €6m.

Nine out of 10 of us are paying up – if not looking entirely happy. The Revenue believe the compliance rate for 2013 property tax is 93pc, while they estimate compliance for 2014 around 88pc.

These are impressive results with which it is very hard to quarrel. Nobody likes new taxes, and this one has come with other charges at a time when most people are feeling the pinch.

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