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Landowners set to be hit by new 'hoarding tax'

Feb 2, 2024 09:21
By Shannonside News
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Landowners set to be hit by new 'hoarding tax'

The tax will be due on property which is both zoned for housing and serviced.

Landowners are being urged to check if they are liable for the new ‘Land-Hoarding Tax’. The tax will be due from next year on property which is both zoned for housing - and serviced.

The government hope the 3% tax will ease the housing crisis by either forcing landowners to start building or to sell up. Local authorities have now published their Residential-Zoned-Land-Tax maps, and owners have until the first of April to challenge Council decisions.

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