FINANCE Minister
Michael
Noonan is facing a series of major headaches in his urgent drive to get the
new property tax introduced on time.
Mr Noonan admitted for the first time last night
that PAYE
workers will have the tax deducted direct from their pay packets.
But the prospect of wages being targeted at source raised a whole new series
of problems, including:
- Concerns that farmers and the self-employed may be able to work the system
to avoid paying the controversial new tax.
- Questions about how the tax might be collected from pensioners and others
who are not earning a wage.
- Uncertainty about how the Government will measure the value of a person's
land or property.
- Fears that if the tax is not introduced in January, then it will be
backdated so taxpayers face higher payments during the second half of 2013.
- Opposition from city dwellers who may face a higher rate of tax for smaller
houses than those in the country.