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Property developers owe local authorities €750 million in outstanding levies.


gerhard dengler

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The hole in the public finances of this State which the government intend to close by introducing more taxes and increasing existing tax rates, isn't helped by the fact that developers owe €750,000,000 in unpaid levies to local authorities in Ireland.

Property developers owe over

Given that the Irish citizen has had to bailout the banks who recklessly borrowed money and then recklessly loaned this borrowed money to developers - it looks like the new taxes being raised will have to cover €750 million shortfall too.

The Irish citizen is being asked to fund every conceivable shortfall at this juncture, it would seem :mad:

The councils dispute that the amount outstanding is as high as €750 million
 


Dublin 4

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Great researchin these days Ger - keep it up ;)
 

Clanrickard

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The hole in the public finances of this State which the government intend to close by introducing more taxes and increasing existing tax rates, isn't helped by the fact that developers owe €750,000,000 in unpaid levies to local authorities in Ireland.

Property developers owe over

Given that the Irish citizen has had to bailout the banks who recklessly borrowed money and then recklessly loaned this borrowed money to developers - it looks like the new taxes being raised will have to cover €750 million shortfall too.

The Irish citizen is being asked to fund every conceivable shortfall at this juncture, it would seem :mad:

The councils dispute that the amount outstanding is as high as €750 million
Well most of these "development levies" were bogus. A guy in my down is trying to do up a place and open a shop, pub and off license. The council are looking for 48,000 in levies. Crazy stuff. A lot of it is for that old chestnut "on street parking".
 

tigerben

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Will the full arm of the law come down on them as has being threaten to joe public with house charge and now property tax!
Oh sure this is Ireland , laws are only for the little guys, along with penalty points!
 

damus

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And which incompetents in the council's got P45'd?
 
D

Dylan2010

Well most of these "development levies" were bogus. A guy in my down is trying to do up a place and open a shop, pub and off license. The council are looking for 48,000 in levies. Crazy stuff. A lot of it is for that old chestnut "on street parking".
are they trying to compete with the Mob in Goodfellas?
 

Clanrickard

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are they trying to compete with the Mob in Goodfellas?
They are not far off it. I was doing a job and they looked for 6500.00. For some reason they then changed it to 440.00. No reason given. I think these levies are dreamed up by some paper shuffler in the bowels of the Coco offices.
 

EvotingMachine0197

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Wasn't it Meath County Council that was found to have uncashed cheques lying around at some point?
 

Hewson

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Fingal and DCC owed almost a quarter of a billion between them.

'You've got to pick a pocket or two, boy . . .'

Though in our case it always seems to be just the one pocket.
 
D

Dylan2010

They are not far off it. I was doing a job and they looked for 6500.00. For some reason they then changed it to 440.00. No reason given. I think these levies are dreamed up by some paper shuffler in the bowels of the Coco offices.
it really is bad, fair play to anyone that does anything with bricks and morter in this country , fekkin Downtown Lagos sounds easier and cheaper at this rate.
 

hammer

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That is what you get with DELUDED FF ***** in charge.

Remember also BIFFO not closing a stamp duty loophole that developers were using which the Revenue estimated was costing the exchequer a minimum of €250m per annum.

Vote FF 1.2.3
 

tigerben

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It was madness to let developer's build houses first with out amenities or the promised schools. Now the government want to change entrance rules to schools , when they are full and can't take more students due to lack of space and health and safety of the pupils they have. If the schools had been built and the amenities in place first, estates wouldn't be in the dire mess many of them are in now, and the councils wouldnt be as stretched as they are with using taxpayers money to fill in the gaps.
 

damus

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P45s must have got lost in the same post as the final demands to these developers!
What I don't understand is that the development levies were usually handed over in staged payments. So how difficult would it have been to devise and implement a system where the developer wasn't able to progress to the next stage of the development until all the levies covering the next stage were settled in full? Part of the Fingal co.co levies were also suppose to go towards the development costs of metro north. Considering that project is not going ahead is Fingal going to issue a refund?
 

Disillusioned democrat

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Will the full arm of the law come down on them as has being threaten to joe public with house charge and now property tax!
Oh sure this is Ireland , laws are only for the little guys, along with penalty points!
That's certainly the way it's looking now. What you need to do is have a company "buy" your home, then rent your home back from the company, but for the company to go bust because you didn't pay the rent, but leave the company owning property tax, income tax, etc.....simple.

Considering you can be jailed for not paying Pravda tax, it seems bizarre that any developer owning more than the cost of a TV license isn't behind bars. It's a real sign that the elite fear the little people and can't allow them to behave like big people, because once they did that there'd be no controlling the pheckers.
 

fiobi

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Before starting a new development that you have received planning permission for the Owner is required to send in a commencement notice to the county council and the development levy.

So if the county councils were doing their jobs they would have ensured that the developments didnt start until they got their money. Had they done this we might not have as many ghost estates in the 1st place. Everyone blames developers but in this case the county council are also at fault for not ensuring that the money was paid. They are really awful at managing debt collection on anything.

Its a bit pointless now starting to look for levies to be paid years after the developments are completed and the building companies are long since bust.
 

damus

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That is what you get with DELUDED FF ***** in charge.

Remember also BIFFO not closing a stamp duty loophole that developers were using which the Revenue estimated was costing the exchequer a minimum of €250m per annum.

Vote FF 1.2.3
It wasn't only FF who around the council chamber in Fingal. Why weren't they questioning the debtors figure?
 

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