Property Tax: What we know so far

David Murphy Business Editor As the Budget approaches it is becoming clear the property tax will form a large part of package of measures which will be unveiled by Michael Noonan. Politicians I have spoken to believe the new levy will be no surprise to homeowners. But many ordinary people may be taken aback by what is planned. Ministers plan to levy the tax as 0.2% of the value of a home. In other words – divide the price of …