First off, Ireland, like any economy, needs rental properties.
Their provision is a commercial activity and as such should receive the same treatment as any other commercial activity.
The government already significantly taxes rental properties through the income tax system, most (nearly all) landlords will pay tax on their rental income through the PAYE system, in addition to any income they receive through their "day job". The fact that some landlords can avoid tax is a general poblem with the tax system and is not unique to landlords - some folk just have the wealth to be able to avoid tax, this should be addressed.
There is one area where rental properties are not currently treated similar to other commercial entities, and that is commercial rates. Strictly speaking, they should be liable to commercial rates as would any other business in an area.
Their provision is a commercial activity and as such should receive the same treatment as any other commercial activity.
The government already significantly taxes rental properties through the income tax system, most (nearly all) landlords will pay tax on their rental income through the PAYE system, in addition to any income they receive through their "day job". The fact that some landlords can avoid tax is a general poblem with the tax system and is not unique to landlords - some folk just have the wealth to be able to avoid tax, this should be addressed.
There is one area where rental properties are not currently treated similar to other commercial entities, and that is commercial rates. Strictly speaking, they should be liable to commercial rates as would any other business in an area.
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