Self-builders in ROI will now be faced with a property tax bill, in line with the government’s €3.5 billion Economic Recovery Plan.
Properties built since 2013 have not been paying property tax up until now, which includes self-builds. These properties are now being brought onto the property tax register, and newly built homes will be added to the register in November of each year.
A third of those currently paying property tax will see their tax band increase, meaning they will have to pay an additional €90 per year, but in the case of a significant increase in property value since 2013, the increase could be greater.