The wondrous adventures of Sinn Fein (part 3) Mod Notes and Threadbanned List in OP

i know the true value of my humble abode here dudley because ihelped build it with my barehands !

but what I dont , and know is what itll be worth next year , or the year after that ect ect . not many home owners do because without a crystal ball its close to impossible .

besides , thats not the only thing you got wrong ,

The market can be inflated, that makes no difference. If the person is sitting in a house and reckons it is worth 250k but the market says it is 500k they can pay the LPT for 250k. If they go to sell and get 500k then they have to top up the difference on all the property tax. But if they hold out and the market reduces and they sell at 250k then no issue.

its not a case of just under declaring the price of a house , and settling out of your estate .

the article up above said revenue could contact you if they suspect you to have under declared value , and unless you can support why you have placed the value you did , it could be reassessed , and you would be taxed at the new value they place on it !

you make it sound like having a bet at a casino , i have had numerous dealings with revenue before I left Ireland , but i can say one thing , the irish revenue is a finely run system , i would bet my last penny that they collect taxes on current property price valuation , a person's house dropping in value by the time of their death wont mean jack to them , youll still owe your dues dudley , you had better believe that !

yes exactly , it isnt " self valuation " in a true sense of the word , its more apt to be describing it as " self declaring the market valuation "

otherwise , you would have all kinds of blaggards claiming there houses were worth a tenth of the market value .

the self valuation thing along with the hundred pound registration payment was nothing more than a mixture of a lazy arsed way of introducing the tax , and a bribe to get you to put your name in the ring

dudley you dont even realise that youre arguing against yourself now , you said earlier it was self evaluation , and if you under declared you just topped up the difference after the sale of a house !

If the person is sitting in a house and reckons it is worth 250k but the market says it is 500k they can pay the LPT for 250k. If they go to sell and get 500k then they have to top up the difference on all the property tax. But if they hold out and the market reduces and they sell at 250k then no issue.

but now youve changed position to actually agree with what i was saying about revenue pulling people who purposely undervalued the current valuation , as the tax due on it is the preset value at current rates .

here you are

Let say you live in Dublin and every house in the area is 500k and you value you's at 250k. The revenue will spot.

here i am saying what you are now saying too

the article up above said revenue could contact you if they suspect you to have under declared value , and unless you can support why you have placed the value you did , it could be reassessed , and you would be taxed at the new value they place on it !

thats not self valuation by any stretch of your imagination

im surely not the only one that notices when dudleys hollow arguments get laid bare in plain sight he likes to " leave people to it "

you actually did try and bluff folk into believing you could just put down any valuation plucked from nowhere and either offset it , or pray your home sold for less than the current market value .

few seconds later you tried to use my own explanation of how you were absolutely wrong against me , you really do not have a clue what you are spouting on about , but you are posting your opinion as gospel , and that is in fact a very dangerous thing to do , if you dont have a clue about how something works , youre better to keep quiet on the subject as you then stop yourself looking foolish and hopefully some poor eegit wont see your incorrect posts and get into bother by taking it as advice !

I responded, you ignored it. Seemed fairly pointless responding after that would you not agree?

I done none of what you are accusing me of. But you are aware of that.

The poster hadn’t a clue what LPT was, I tried to give some information to help explain.

thats exactly what you did , if you read my post youll see that I posted the examples , complete with your contradictory posts !

how have you reached that conclusion can I ask ? its a brave comment to throw out their considering you had to be educated on the ins and outs of purposely under valuing the gaff thinking you could patiently wait and hope it sold for less than market value lol !

tell you what , import a car into Ireland , try dodging the VRT on it on the price you bought it for ( current market value ) and offer to pay revenue the vat calculated on the value you sold it at ten years later and let us know what revenue say

100% right. Based on the calculator I provided 64k after tax without any pensions etc.

governments of ff and fg are to blame for that one , they are the ones that have been legislating for the last 100 years , attachment orders like they were going to do with water and lpt for actual homeowners , but their was no appetite to do that by the look of things !

Back to "something something FF/FG something something".

SF ran DCC for years, all during that time did they manage to resolve the issue?

Have SF any plans to tackle the issue at all because I have never once heard them mention it.

Can I ask, was FG underEnda Kenny part of the "loony left" when he was firmly against the idea of taxing "the family home"

Enda Kenny

Or when he then later went on to introduce it when in govt?

It would seem you think it's a left wing ideology both to introduce it, and to oppose it markodaly, so by that, we must surely conclude that you view FG, whilst under Enda Kenny as a bit of "a left wing" party yeah?