Insolvent individuals allowed to defer property tax
on 01/03/2013 09:16:13
However, the move - to be announced later this morning - is not expected to find favour with the opposition, who will say it does not go far enough in dealing with those who simply cannot afford to pay.
This morning the Dáil will begin passing legislation to allow for some amendments to the property tax, including no payment for those in pyrite-affected homes, until the pyrite issue is resolved, and properties owned by charities.
Deferral of payment will also be allowed for those dealing with the estate of deceased persons, and for those who can show extreme hardship.
Today Michael Noonan will also outline how someone who enters a personal insolvency arrangement under the new laws can also defer payment of the property tax, but it will still have to be paid when they become solvent again.