Questions and Answers
Property Tax
I think my home is worth €370,000 and I am confused as to how much property tax I will owe? Can you clarify?
The property tax will work on the basis of several 'bands'. Your house falls within the €350,000- €400,000 band.
The tax will be calculated by taking the mid point of this band, €375,000 and multiplying by .18%.
In your case this will work out at €675 a year. Rememeber in 2013 you will only have to pay half of this amount.
Because this amount is set for 3 and a half years it is important to seek advice when selecting a value. An estate agent should be able to help you with this.
We provide tax and accountancy advice across the country.
Date published 21 Feb 2013
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
Local business focus
We specialise in supporting independent businesses and work with 6,246 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
Come and meet us
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 23 locations, meet with us online through video call software, or talk to us by telephone.
Switching is simple
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.