If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

How much of the purchase price of a new house is going to the govt as the Prt5 tax

JimmyVik · 2021-04-15 07:42:39

This came up in another thread but probably worthy of further discussion on its own. Part 5 is 20% of new houses. I believe some political parties want this to be 30% or even 35%. This is just a stealth tax on home buyers. In cash terms if a house cost €300K to build, then all the buyers in the new development are paying…

Options

Comments

Options
#32 19-04-2021 7:06pm
[Deleted User]
Posts: 14,344 ✭✭✭✭

Join Date: -

Posts: 14344

I suppose the real question is why is it that people who get up and go to work and bust their asses, get the legs cut from under them at every turn to give housing to people who won't make the same effort.

0