25/07/2014

Other News In Brief

Missing Teen Found Safe And Well

Gardaí have confirmed a teenager who was reported missing earlier this week, has been found safe and well.

Teigan Mellor, 14, went missing from her home in Fontstown, Athy, Co Kildare. She was last spotted on 20 July at 8pm. It is thought the teenager travelled to Waterford city.

'Serious Incident' Reported In Waterford

Gardaí are investigating what they have described as a "serious incident" on the Tramore Road, Waterford on Thursday night.

The incident, which occurred opposite the Kingfisher complex, is said to have happened between 11.15pm and 12.15am.

Anyone who was in the area at the time is asked to contact gardaí.

No further information is available.

Fianna Fáil Warns Of Property Tax Rise

Dublin Fianna Fáil Councillor, Jim O'Callaghan, has issued a warning regarding an "impending explosion" in the capital's property taxes.

The warning follows a report from the Central Statistics Office (CSO) on Thursday that property values in Dublin have increased by more than 24% in the 12 months to the end of June.

Councillor O'Callaghan said: "Dubliners face massive property tax increases in 2017 because of Government legislation.

"The Government cleverly fixed the amount of tax owed on each property up to 2016 while giving vague details on how Property Tax will be calculated after that. The law now provides that from 2017, after the next election, the tax will rise to match property price increases which occurred between 2013 and 2017.

"Dublin is currently in the middle of a property-price bubble because of artificially low supply of houses. This bubble is likely to result in massive increases in the taxable valuation of residential property by the start of 2017. The increase could easily be 50% or more."

(JP/CD)

Related Irish News Stories
Click here for the latest headlines.

22 September 2014
Sinn Féin To Push For Full 15% Local Property Tax Reduction
Dublin City Council will meet tonight (Monday) to discuss a possible reduction of the Local Property Tax, with Sinn Féin saying that they will push for the full 15% reduction allowed by government legislation.
29 October 2013
Revenue Asking How You Plan To Pay Property Tax
Some 960,000 people are to receive a letter from the Revenue Commissioners asking them to indicate their preferred payment method for next year's collection of the Local Property Tax.
05 September 2014
Wealthier Local Areas To Top-Up Lower Tax Bases
80% of of Local Property Tax is to be kept by councils to fund public services, with 20% being re-distributed to top up funding to those areas with lower tax bases, under new rules announced by the Department of the Environment for 2015.
10 May 2019
Call For Overhaul Of 'Outdated And Unfair' Council Funding Model
The Social Democrats have branded Ireland's local authority funding system as outdated and deeply unfair to people living in council areas with rapidly growing populations. The party is calling for a complete overhaul of how Local Property Tax is distributed to ensure that all councils can properly meet the needs of their residents.
23 September 2014
DCC Vote For Local Property Tax Reduction
Dublin City Council have voted in favour of reducing the Local Property Tax (LPT) by 15%, the maximum reduction allowable by the government. The council debated the Sinn Féin proposed reduction on Monday night. According to reports, Dublin City Manager, Owen Keegan, had offered his own proposal of a 5% reduction per year for the next three years.