Those with big houses could be charged a ‘super property tax’

People with big houses could have to fork out more for the upcoming property tax.
According to the Irish Independent, the government’s considering imposing a so-called ‘super property tax’ on those with large, expensive homes.
An expert report on a property tax was handed over to the Environment Minister Phil Hogan last month.
It’s understood one of the proposals being considered is a “super property tax” which would see the rate of the tax levied rise in bands – dependent on the value of the property.
The thinking behind the plan is that it would make it easier to sell the tax to the public – if the wealthy were seen to have to pay more.
However, it will be cause for concern among those who have stretched themselves on an expensive property – and have already paid stamp duty.
The final decision will not be made known until December’s budget.