Tag Archives: site value tax

RTE The Frontline: Household charge, 23rd January 2012

Tuesday, January 31, 2012

As far as a ‘system of taxation’ goes, we think that less income tax is a great idea, that instead site valuations and local costs or spending should be borne by the locality and paid to the local authority. That means that the Household Charge – while regressive – is the right type of tax being levied in the wrong way.

Filed in Accountancy, Advisors.ie In the Press, Income Tax, Property, property tax, Property tax, Taxation, Wealth | Also tagged , , , , , | Comments (0)

Ghost town Ireland

Tuesday, April 5, 2011

This video is Fred Harrison doing what he does best, talking about the Henry George concept of rent seeking via land values and the need to tax same.
Georgism is a largely overlooked thesis unfortunately, but this is an opportunity to see one of its proponents putting forward a compelling case.

Filed in Accountancy, Economics, Financial Advice, Taxation | Also tagged , , , , | Comments (0)

The Sunday Business PostT: The taxing issue for property owners

Monday, March 7, 2011

Karl Deeter, operations director with Irish Mortgage Brokers in Dublin said he was in favour of a property tax if it was implemented correctly and if less income tax was paid by taxpayers. ‘‘People would be more willing to spend more if income tax was reduced. It would prove to be productive.”

‘‘The second homes tax is an example of revenue raising, the only justification is that it is a tax on owning an asset. Literally I could own a castle or a cottage and I’d have to pay a flat tax it’s stupidity. The introduction of a property tax would have to mean scrapping the second homes tax,” he said. ‘‘Otherwise it doesn’t make sense, and the property tax should be offset against investors’ tax bills. The property tax should be allowable as an expense for investors.”

Filed in Accountancy, Advisors.ie In the Press, Financial Advice, property tax, Property tax, Taxation | Also tagged , , , , , , | Comments (0)

Site Value Tax: 10 points in favour of it

Tuesday, February 15, 2011

Of the main changes we could consider in the near future from a national taxation perspective, none holds the potential for positive outcomes to the same extent as Land Value Tax (LVT) or Site Value Tax (SVT). Below are several points looking at why this is the case:

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