ROI self-builds to be taxed

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.

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Written by Astrid Madsen

Astrid Madsen is the editor of the SelfBuild magazine. Email astrid.madsen@selfbuild.ie

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