Tax Code

Dáil Éireann Debate, Tuesday - 22 November 2022

Tuesday, 22 November 2022

Questions (247)

Catherine Murphy

Question:

247. Deputy Catherine Murphy asked the Minister for Finance the estimated full-year revenue that would be generated if the local property tax rate increased to 0.50% for properties valued at over €1.05 million and 1% for properties valued in excess of €1.4 million. [58028/22]

Written answers

Minister for Finance

I am advised by Revenue that the estimated additional full-year revenue that would be generated if the local property tax rate increased to 0.50% for properties valued at over €1.05m and 1% for properties valued in excess of €1.4m would be in the region of €45 million.