The Journal reports on possible €100 property tax.

Thejournal.ie is reporting that there may be a new property tax of a flat-rate of €100 introduced as part of next December's budget. The tax is part of the EU-IMF bailout deal and the cabinet will discuss what measures to take in determining the rate applicable for each household. This tax will not cover the flat-rate water charges which are also being introduced in an attempt to pay back Ireland's huge financial debt.

Full article can be read here.

For more information on houses and buying a home, check out Donna Kennedy's guide "Step On, Step Up", available from Liberties Press.