As a niche Property Owner’s Insurance Broker, and in advance of your upcoming renewal date(s), we are endeavouring to alert you, and all Property Owners / Landlords, to the very serious consequences of being underinsured. As you are no doubt aware, for the first time in a generation we are witnessing high levels of inflation, which as well as the effect to the cost of living also has a direct impact on the adequacy of insurance cover. This is further complicated by the continuing shortage in availability of materials & labour, both of which are having an adverse effect
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IPOA and IPAV Lobbying for Members
8 September 2022 Interesting results to questions which featured in a recent Sunday Independent – Ireland Thinks opinion poll: When the panel was asked if they would support tax breaks in the forthcoming Budget for smaller landlords. A clear majority, 56pc, were in favour of such a move. 2. When asked if they were in favour of holding a referendum to insert a “Right to Housing” clause in the Constitution. 55% said yes with a further 10% unsure. IPOA and the IPAV (Institute of Professional Auctioneers and Valuers) have been lobbying jointly for the benefit of members. Our
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IPOA Submission – Public consultation on a Referendum on Housing in Ireland
5th September 2022 The Housing Commission has invited submissions on whether there should be a referendum on the introduction of a constitutional amendment regarding housing, and, if so, what form such a constitutional amendment might take. The IPOA is pleased to be given the opportunity to make a submission to the Commission on this key debate on behalf of its membership. A housing referendum will simply allow future governments the opportunity to pass the proverbial buck by failing to provide a comprehensive, cohesive housing strategy for all the country’s citizens, that will encompass sustainable living in an environmentally friendly fashion.
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Ending A Tenancy – First 6 Months
01/09/2022 Question: I am in the process of serving notice on my tenants, they are in occupation 5 months, still within their first 6 months – probationary period. I have spoken informally to the tenants and they have asked that I give them 120 days notice as they should have a property lined up for then? Can I do this? Response: The legal requirement for termination of a tenancy during the probationary period – in the first six months of the tenancy, changed from 28 days to 90 days. However, you should note that the legislation does not allow
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Public Consultation on a Referendum on Housing – Views Sought
30th August 2022 The Housing Commission is inviting submissions on whether there should be a referendum on the introduction of a constitutional amendment regarding housing, and, if so, what form such a constitutional amendment might take. The Commission would like to encourage as many people as possible to have their say in this consultation on a Referendum on Housing in Ireland. You are invited to send in a submissions to assist the Commission in its task of providing independent advice to the government on a potential constitutional amendment. Closing date 2nd September 2022. There are three ways to provide
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IPOA Call For New Tax Rate
IPOA Chairperson Mary Conway speaks to Drivetime IPOA Call For New Tax Rate Listen Back – Click HERE
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IPOA & IPAV Joint Pre-Budget Submission
29th August 2022 IPOA and the IPAV (Institute of Professional Auctioneers and Valuers) have been lobbying jointly for the benefit of members. Our joint Pre-Budget Submission was launched on Tuesday last. A decision was taken to limit the number of items requested to attempt to achieve a meaningful change to the tax treatment of the sector. Our proposals are as follows:- Taxation The introduction of a new 25% rate of tax (inclusive of USC and PRSI) on profit derived from residential rental income The introduction of roll-over relief in relation to Capital Gains Tax on the sale of
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