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The Government’s controversial property tax became a reality this week as homeowners across Mayo began receiving letters detailing information about the tax, how to value their property and calculate the amount of tax they owe, and how to pay. But it is estimated that it could take up to four weeks for all the letters to be issued.

Pubs and other businesses in Mayo who are struggling to remain open due to difficulties in obtaining a tax clearance certificate when their tax payments are in arrears received some good news this week. Fine Gael TD for Mayo, Michelle Mulherin, has welcomed assurances provided to her by the chairman of the Revenue Commissioners that increased flexibility is being shown to businesses which are having difficulty getting their tax clearance certificate. As things stand, the Revenue Commissioners require a 40 per cent lump sum payment up front from businesses that are having difficulty paying. Revenue may now reduce this 40 per cent figure on a case by case assessment.

Five individuals in Galway made tax settlements totalling just over €920,000 in the last quarter of 2012, figures released by the Revenue this week reveal.

Fine Gael Deputy Michelle Mulherin raised the issue of the abolition of the employers' rebate in respect of statutory redundancy lump sum payments in the Dáil this week.

The property tax “will plunge thousands of low and middle income families into further financial hardship” while those with the “ability and means” to pay are protected by the Government.

Local TD Robert Troy has said the latest survey from the Irish League of Credit Unions clearly shows the folly of the Government’s new property tax.

Home owners across Galway city and county will receive letters in March telling them how much their home is worth and how much should be paid under the property tax.

A Galway West senator who continued to drive her car for a number of months while there was no tax paid on the vehicle was fined a total of €1,850 at Galway District Court yesterday.

Ministers Noonan and Howlin were tasked with reducing the deficit in the country’s finances by €3.5bn in the Budget for 2013.  In their highly anticipated Budget speeches, they emphasised their aim to achieve this in a balanced and fair manner.  This has meant that they have cast the net widely and announced the following measures: 

HOUSEHOLDS were hit in the pocket last night by a tough budget that included a property tax that will start next July, a reduction in child benefit paymens, increase in student fees, cigarettes and alcohol and further cuts via the PRSI system.