Govt to introduce new Derelict Property Tax (opens original article in a new tab)

The Irish government plans to introduce a Derelict Property Tax in 107 urban areas with populations over 4,000, replacing the existing 7% levy. A second phase will expand coverage to 64 more towns. The tax aims to revitalize communities by restoring derelict properties.

• Government to introduce Derelict Property Tax in 107 cities and towns with populations over 4,000.
• Tax will replace current 7% derelict site levy, with rate not lower than current figure.
• Second phase will extend tax to 64 additional towns with populations over 2,000, covering 171 locations total.