Farmers face €100,000 bills under residential land tax plan

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Irish Farmers Association estimates hundreds of its members could be hit with 3 per cent annual levy of market value

Farmers around the country face Revenue bills of more than €100,000 under the current proposals for the Residential Zoned Land Tax .

An analysis by the Irish Farmers Association estimates hundreds of its members could be hit by the zoned land tax, which will place a 3 per cent annual levy on the market value of around 25,000 acres of zoned residential land around the country.

 

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