I do resent this tax- and the especially stupid timing. But frankly I'm relieved that it doesn't approach the property taxes being paid in U.K., U.S.A or most other EU states where such charges are several times greater.
WIth forms going out now and over the next 4 weeks - people will have between 3 and 7 weeks to get the form back. It's only a matter of entering a valuation band and a payment method - it won't take long to fill in.
The Revenue will need several weeks / months maybe to enter them all on the system.
I rang revenue, they advised going to local auctioneer and look at similar properties for sale then send into revenue the copy of the advert along with form so it seems they will be looking for information to back up your counter claim your property is valued less than their estimate
Revenue's interest here, and elsewhere, is to maximise the amounts collected in tax. They have no duty of care in relation to their "customers'" tax minimisation & tax planning.That's very bad advice from revenue as the 'for sale' price may not be any close reflection of selling price.
Revenue's interest here, and elsewhere, is to maximise the amounts collected in tax. They have no duty of care in relation to their "customers'" tax minimisation & tax planning.
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