Property tax set to benefit rural Donegal next year, figures show

written by Staff Writer August 28, 2019

Donegal is among several counties that are set to benefit from property tax from Dublin and Cork homeowners, it has emerged. 

Unpublished Department of Housing figures show more than €40m of the €202m property tax expected to be raised in Dublin next year will be used to build houses and roads in other counties, according to the Irish Independent. 

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Meanwhile, €10m of the €52m raised from Cork property owners will also be handed over to a centralised Government fund and dispersed to rural local authorities struggling to balance their budgets.

Cork and Dublin homeowners will account for more than half of the €488m collected next year, according to the Department’s local property tax allocation figures.

The allocation figures show local authorities in Donegal (€16m), Tipperary (€16m), Mayo (€11m), Waterford (€11m) and Monaghan (€8m) will be the biggest benefactors of property tax raised in other counties.

The average property tax paid in Dublin next year will be €540 a year, and this increases to a massive €620 for homeowners living in the Dún Laoghaire-Rathdown area.

In Dublin city, the average property tax will be €350, in South Dublin it will be €323 and in Dublin Fingal it will be €369.

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This compares with Donegal homeowners, who will on average pay just €152 a year.

The average in Longford will be €124, Leitrim €132, Cavan €145 and Carlow €174.

The averages were calculated using the Revenue Commissioner’s most recent figures for the number of homeowners who are due to pay property tax this year.

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