Con­cern over farm home tax

Bray People - - ABOUT GREYSTONES -

THE CHAIR­MAN of Wicklow ICMSA, Chris Fox, has voiced his con­cerns over the Rev­enue Com­mis­sion­ers sys­tem for eval­u­at­ing farm­ing homes for the Prop­erty Tax.

Mr Fox con­firmed that ICMSA have writ­ten to the Rev­enue Com­mis­sion­ers out­lin­ing the need for a real­is­tic val­u­a­tion of homes and, most par­tic­u­larly, for farm dwellings.

He be­lieves it will be next to im­pos­si­ble to es­tab­lish the value of houses in ru­ral ar­eas where there is lit­tle or no re­cent sales data avail­able.

‘In ar­riv­ing at the value of the dwelling on a farm, ac­count must be taken of the spe­cial na­ture of the farm dwelling. Es­sen­tially, a farm dwelling will have re­stricted value aris­ing from ac­cess is­sues and nui­sance fac­tors such as prox­im­ity to farm build­ings and the pos­si­bil­ity of odours. Th­ese nui­sance fac­tors are con­sid­er­able and in­her­ent and the Rev­enue must take th­ese into ac­count in pro­vid­ing an ‘in­dica­tive value’ of the value of a farm dwelling. ‘

While own­ers will still be able to self-as­sess their prop­er­ties, Mr. Fox feels that they could face the prospect of au­dits or chal­lenges if they de­vi­ate from the es­ti­mate pro­vided by the Rev­enue.

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