Reminder: annual charges on investment properties and holiday homes is due.
Property owners are now liable for the 2011 non-principal private residence charge of €200. The main types of properties liable are private rented properties, vacant properties – apart from unsold new houses – and holiday homes. If a property is let in several units, the charge applies to each individual unit. Property owners have from March 31 to June 30 to pay – a surcharge will apply from July 1. Payments can be made to local authorities or online at www.nppr.ie.
If you own an investment property or holiday home and are unsure as to your liability, feel free to contact Anthony Casey at Noone Casey.
Separated couples can no longer assume the sale of their home can be used to settle separation or divorce judgements. A High Court decision this week found that highly-geared properties cannot be sold to settle family law cases because of the poor outlook for property and the likelihood of interest rate increases.
It’s that time of year again – the annual charge on investment properties and holiday homes is due from this week, The Sunday Post notes.
Local authorities can expect to gain almost €100m more in annual revenues from a proposed increase in tax on holiday homes and investment properties, according to The Sunday Business Post.
For long periods he has managed to fly below media radar, trained on his former financial colleagues Sean Fitzpatrick and David Drumm. But it appears the guns are now being firmly pointed once again on Michael Fingleton.