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Landowners set to be hit by new 'hoarding tax'

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