By Dan Walsh
The Government’s Housing For All – A New Housing Plan for Ireland proposed a new tax to activate vacant land for residential purposes as a part of the pathway to increasing new housing supply.
The Residential Zoned Land Tax (RZLT) was introduced in the Finance Act 2021 and the process to identify land to which the tax applies is now underway and the tax will be payable from 2024.
The objective of the tax is to activate land that is serviced and zoned for residential use or mixed use, including residential use, to increase housing supply and to ensure regeneration of vacant and idle lands in urban locations.
These locations have been identified within existing statutory land use plans at Gorey, Courtown, Bunclody and Rosslare/Kilrane.
Identification and mapping of the land in scope for the tax is undertaken by local authorities through the publication of draft and supplemental maps.
The draft map for County Wexford, is available to view and is available for inspection at the Planning Department in Wexford County Council, Carricklawn, Wexford, at Bunclody Public Library and Gorey Public Library.
Administration of the tax, which is to be undertaken by the Revenue Commissioners from 2024 onwards.