The Irish Property Owners’ Association’s (IPOA) latest letter to the Government caught our attention, not least because the organisation has invented a new verb: “to taxsault”.
Apparently landlords are being “taxsaulted” by the Government, which involves the pummelling of Ireland’s landlords by punitive taxes.
In a letter to 51 TDs and 21 senators who are also private residential landlords, the IPOA said that there has been a “grave injustice” to the providers of private rental accommodation. IPOA chairman Stephen Faughnan is responding to landlords being required to pay the €200 tax on Non-Principal Private Residences in March, “followed by a so far indeterminate Local Property Tax in July, followed again by a so far indeterminate amount of water charges next year.
“Minister Noonan told the Dáil that the property tax would be tax deductible, and then announced that it would be phased in. Either it is a legitimate expense or it is not . . . it cannot be just phased in as if it is some concession.”
